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Topic: it is possible fiat currency will crashed? - page 17. (Read 8740 times)

member
Activity: 280
Merit: 10
I dont believe that fiat currency will crash in the future even with the existence of crypto currency i think if the country's economy will crashed down it may affect the fiat currency its value will go down but it can recover again when economy recovered also.
sr. member
Activity: 910
Merit: 257
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

I don't think that Fiat Currency will crash anytime soon. Although there are so many other currencies and payments systems that doesn't use paper money right now like debit and credit cards or cryptocurrencies. I say that because fiat money is still more widely trusted compared to cryptocurrencies. In fact, fiat money is the backbone and ground why we have those paperless modes of payment right now. Also, the trust people have in it, especially the older generations are still more lodged in fiat money compared to the newer modes right now.
member
Activity: 236
Merit: 10
Cryptocurrency will replace fiat currency but it will take centuries , it will be a gradual revolution. There will be great battle before it will take place since they have assigned all token to physical things which we need. e.g docademic (MTC) now this stand healthcare then Cashbet (cbc) is for football so by the time all this  have been physically controlled then no need for fiat currency.
legendary
Activity: 1302
Merit: 1027
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 if every government will be going to accept cryptocurrency to use in their country then there is a huge chance that fiat will be going to become useless because the value is very low compared to cryptocurrency.

It is not new that currency feature always changes to new way, long back it was copper currency, then silver and then gold, when their was Raja and Maharaja rule that time they use to issue gold coins with their symbol as currency and then democracy came and it came to paper currency and then it was also adopted so in future it may be that cryptocurrency will be used as in future their will be fully paperless transaction for which cryptocurrency is a best to use it.
sr. member
Activity: 779
Merit: 250
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 if every government will be going to accept cryptocurrency to use in their country then there is a huge chance that fiat will be going to become useless because the value is very low compared to cryptocurrency.
newbie
Activity: 91
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?

In my opinion it is very possible. Fiat currency is considered a long way to make transactions and people move to crypto currency, then the fiat currency may fall because of low demands. Because I think Crypto is the future technology.
member
Activity: 145
Merit: 10
I think it is possible for the fiat currency that will be crashed and I think we can see in one year ago when the economy in greece is crashed, people don't believe with the fiat and it makes people panic and they move to cryptocurrency. and if fiat currency in the one or more country is crashed, I think there will be a chaotic situation in that country and it will trigger many demonstrations from the people that want the government to stabilize the economy of their country. but I don't know about this and I think it is better to us to prepare ourselves to face the bad situations in the future.
newbie
Activity: 196
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?
I don't believe this,,because the issue is they have also many cases to involved of this deep issue due to is hard to cope the possible solution of this prediction,,in the matter of fact..due to some nation will not also allowed to use bitcoin as their alternative to fiat currency,,like in my nation government is only allowed to use bitcoin wallet as payment method only for only montly bill necessities.
full member
Activity: 337
Merit: 100
Qravity is a decentralized content production and
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It is impossible because I am sure that the government will not let the fiat currency to be crashed. There is only small possibility that the digital society will happen because there are only some people who are using cryptocurrency.

I agree, that's really impossible, what will we use if fiat crashed ? Cryto currency?  I think even the time comes that crypto will be part of the future fiat will never crashed because there are a lot of thing we can pay by using fiat.
newbie
Activity: 154
Merit: 0
Fiat currency won't be crashes in future but crypto currencies are future of banking and fiat money and future of payments as well
jr. member
Activity: 364
Merit: 3
GIGZI - INDEPENDENT WEALTH MANAGEMENT
In my opinion , I do not think fiat currency will crashed , it is because this fiat currency will be used , even if the cryptocurrency will be popular, the  fiat currency will still be used in places where it cannot be reached by advance technology, so cryptos can not be used in that rural areas of the land ,that do not have internet and enough power supply.
jr. member
Activity: 317
Merit: 1
they are opposed to each other, although there are many people who use bitcoin over fiat currencies, still both, bitcoin and fiat together when used. Try to pull the bitcoin and it will be the cash. So still fiat currency is running, used by people. It is impossible to fall. I think it will never fall, because Bitcoin and Fiat currencies differ from each other, because we all know that bitcoins live on the internet, digital currencies, and fiat currencies can be touched, it is government money
newbie
Activity: 140
Merit: 0
We never know if this this will really happen as totally crushed and when its going to happen...because we all know that fiat has become and still part of our world currency and its not that easy to abolish it, maybe if these things will happen it will be gradually as of now people can still enjoy and use it as long as they can.
newbie
Activity: 196
Merit: 0
This is no more than one opinion! However, everything can be and the market will collapse. But I believe in the best development of the situation and that after a strong decline, perhaps even artificially made, so that the people were scared and began to merge the currency... be sure to go growth!
full member
Activity: 658
Merit: 103
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It is impossible because I am sure that the government will not let the fiat currency to be crashed. There is only small possibility that the digital society will happen because there are only some people who are using cryptocurrency.
newbie
Activity: 126
Merit: 0
Fiat currency will never be crashed even you have the source of your question and topic. First fiat currency is the only money that we use all over the world so its hard to think that it will crash. It will happen if fiat money will replace by other valuable assets to exchange in stuff like bitcoin or other crypto currency but for now its not possible to happen bro fiat money have a big part in our economy.
member
Activity: 406
Merit: 11
Fiat currency will following with economic condition in their country, such as supply and demand, inflations, comodities, statements governor of central bank, minister of economic and anything else. When it crash, at least goverments in the country will be take action to recovery their currency.
full member
Activity: 540
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 think it is not possible because fiat currency plays important role in our economy and society. I am sure that the people in our society will use both virtual currency and fiat currency.
newbie
Activity: 210
Merit: 0
At this point in time not yet, because it is still our mode of payments. While digital money is slowly but surely penetrating the world, then it might in the future happen the crash. But i think not this soon.
member
Activity: 812
Merit: 11
Fiat currency already crash for several time. As we know that fiat currency always printed and creating inflation on our economic system that bring crisis over and over time. Fiat currency always can rise after crash because government back up.
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