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Topic: it is possible fiat currency will crashed? - page 12. (Read 8740 times)

full member
Activity: 406
Merit: 100
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I am supporting cryptocurrency but i dont think that the fiat will crashed because there are still many people are prefer to used fiat over than digital currency and i am sure that fiat or the real money will always exist in this world because it is more trusted by the people.
hero member
Activity: 1092
Merit: 501
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat may never crash since it is backed by the government.
Yes but if we look at the market all things are clear to us that how people are loving use crypto currency more than fiat, people found crypto currency new forum of money, now I am sure bitcoin and digital currency is going to take the place of fiat and soon fiat will be crashed as we are supporting it and some governments has made bitcoin the legal currency so they are openly using it now instead of fiat, so I think as a currency crypto has bright future.
member
Activity: 252
Merit: 10
I cant imagine the fiat currency will fall. Because, some expenditures cant be paid bu cryptos, best example were ordinary expenses that were were common and very petty in amount.
jr. member
Activity: 270
Merit: 1
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I don't think that fiat currency will fall because fiat gets support from the government and has long been used as a method of payment by the community in the transaction process.
newbie
Activity: 112
Merit: 0
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
That is happen sometimes in every countries in this world.  I remember in my country, it takes the president out of office.  Right now, you can see Turkey, their economy is in danger.  It could affect the government too.
newbie
Activity: 80
Merit: 0
If this will really happen imagine that thing and situation when government fails because the only way fiat currency
will fall if government along will fall at the same time because government is the basis of fiat currencies  and the foundation of fiats
newbie
Activity: 42
Merit: 0
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat may never crash since it is backed by the government.
newbie
Activity: 42
Merit: 0
If you have a house, or a lot of blocks for rent,  you are rich man, landlord, on the contrary,  fiat money are just paper sheets, their value can be lost at any moment with stupid political and economical moves.
full member
Activity: 359
Merit: 100
I don't think that fiat currency will be crashed. What else could lead to its destruction aside from a war perhaphs? It has been a system used long ago and until now it has been the basis of describing the status of the governments wealth. The government created it to stay in balance and to just watch it getting crashed is impossible for me.

I totally agree with you mate. That is not really possible to happen. Even if there's a digital currency, and a lot of people are using it over fiat, still majority of the people prefer to use fiat over digital especially those people who don't have knowledge about digital currency, like those people in the province and illiterate people.
member
Activity: 420
Merit: 10
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I don't think that fiat currency will be crashed. What else could lead to its destruction aside from a war perhaphs? It has been a system used long ago and until now it has been the basis of describing the status of the governments wealth. The government created it to stay in balance and to just watch it getting crashed is impossible for me.
newbie
Activity: 153
Merit: 0
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Its impossible to happen goverment dont let this crashes happen.
newbie
Activity: 130
Merit: 0
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Maybe in the future Fiat money will  be replace by the  cryptocurrencies. Just like what happened to our gadgets, as we looked at and think the evolutions of our technology   is very big differences. Now we are in millennial times so nothing could be possible to be become true.   

member
Activity: 294
Merit: 11

The opton of the development of events, when the Fiat money will not be claimed is very possible. Perhaps people will soon spend more time in the virtual world and pay off with virtual money.
newbie
Activity: 196
Merit: 0
The question is it is possible? Well it is possible! But not at the moment, it will be in the future. It needs so much time to let all countries accepts and it needs a lot of advertisement and educating people how will it works.
member
Activity: 434
Merit: 10
Fiat currency will be crashed for sure but that will happen once crypto currency has taken the place of alternative or replaces fiat currency. It may take several years for that but one fine day it will surely happen. The crypto is the future of all currencies and it will rule the world for another 100 years as a digital currency which is already started its drive towards its success.
It does not matter what happens. Even so many other years are still using this popular currency. But not all transactions use them. Electronic money will carry more value than its faster and smoother transaction. Used to trade onine, the money is used for direct transactions.
jr. member
Activity: 182
Merit: 1
Fiat currency is stable before and until now, they change their price depending on the country's economy but changes only happens by points when it go up or when it go down unlike crypto that changes in big gap...
newbie
Activity: 2
Merit: 0
Hi, it seems to me that is a bit absurd to talk about a crash of a currency...
A currency is just an instrument, not the monetary/financial problem of a country.
what would likely happen is that a country could adopt a different means used by individuals in order to exchange value among them.
what's wrong are the laws and regulatory measures used by governments, and also monetaries and fiscal policies that are used inappropriately.
sr. member
Activity: 910
Merit: 253
Hodlers Network
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

Yes it is possible because literate awarded people avoid to hold paper money,Because it is risky and at the time payment also risky. People want to change living style and financial activities payment system which crypto made more easier and safe.The day is not far digital coin will be dominant over the world and people will reject the fiat money.
member
Activity: 350
Merit: 10
This is not going to happen, and crash, with fiat are not common words. the "crash" that you are talking about means inflation, and yes, it can happen to any currency

Currency fiat is much weaker than the cryptocurrency is developing now, but I think that the time for people to accept the crypto is quite long so the currency fiat will remain until people no longer accept it.
full member
Activity: 378
Merit: 100
I LOVE ADABS
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

In my own opinion, fiat currency will never crash because people will always invest a huge amount every time the market prices are dumping.
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