I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I understand what you want to mention but in my opinion, fiat currency is not easy to be crashed. I think that the government will try their best to protect fiat currency because fiat is what they can control, they will not let it crash easily. 
Topic: it is possible fiat currency will crashed? - page 2. (Read 8740 times)
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 would be hard to crashed fiat currency because it is control by its own government. It depends on the economic stability of a certain country. 
Some countries, such as Venezuela and Egypt, have experienced economic crises and their fiat currencies have collapsed!
The legal currency of a country is guaranteed by state credit. The country’s economy has a crisis, the country’s credit may be out of order, and the fiat currency will collapse!
I dont think so, maybe in other country and also I think its depend the situation of country. Fiat country has huge value while others have enough value and the other are facing a not good situation, so that it has effect to there currency. But I think even there country are experiencing a crisis their fiat currency will never crashed because surely their government will find a way to recover it. The legal currency of a country is guaranteed by state credit. The country’s economy has a crisis, the country’s credit may be out of order, and the fiat currency will collapse!
Some countries, such as Venezuela and Egypt, have experienced economic crises and their fiat currencies have collapsed!
The legal currency of a country is guaranteed by state credit. The country’s economy has a crisis, the country’s credit may be out of order, and the fiat currency will collapse!
The legal currency of a country is guaranteed by state credit. The country’s economy has a crisis, the country’s credit may be out of order, and the fiat currency will collapse!
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 for fiat currency to crash and lose it's popularity now because it is being used in evry corner of the world. If there will be a problem in the economic situation, I believe that it will affect the fiat as well but for now, things are better so we don't have to doubt about fiat because we could say that it is stable for now.
it possible if situation of economic problem is not stable. people will look for the new currency. from gold to paper, and maybe they will move to virtual currency or back to gold. who knows?
but now, people have cryptocurrent on their hand. maybe, if it happen they will use this one for transaction. but im sure if not all people can pass this level because of their knowledge
but now, people have cryptocurrent on their hand. maybe, if it happen they will use this one for transaction. but im sure if not all people can pass this level because of their knowledge
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 that maybe the opinion that is slightly wrong in fiat currency will continue to exist because the fiat and crypto currencies are different work systems and functions. In my opinion, maybe the best is to work together to get better results in their development. 
It is hard to believe that it will gonna crash or disappear but it is possible because our economy and community is always upgrading that can change everything in a single day. And I think this is the time to us to make some change to use now new currencies that can be globally use to a useful things by people.
The interest of the government specially is something that keeps the role of fiat in the market alive. They are master in dealing with the floating and fixed exchange rates as they exercise the instruments of the policies like the monetary policy and the fiscal policy. This is one sole reason that they can really control and keep a check on the economic phenomenon like inflation and unemployment and this is something that keeps fiat alive in the market. 
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
The crash in the value of FIAT depends on the economy of the country and to respond to it we must be able to deal with it either way for example in Zimbabwe I think you understand why the value of their money is very weak. moreover they print money on a very large scale.
In theory, the legal currency will not collapse. You pay attention to the market. When other stable currencies pose a threat to the USDT, the USDT will fall sharply in the short term, but the speed will soon recover, but this is an investment market. Everyone should Stay sensitive.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
This is unlikely to happen, Fiat is used by everyone. There will be no stagnancy in the circulation of fiat, only the fall of the economy of a particular country will be the root cause of a crash.
Of course it is possible, and it has happened dozens of times throughout history: fiat money is made of paper, and if the government implements a wrong monetary policy, the value of money becomes that of paper.
This is precisely why the bitcoin is infinitely safer.
This is precisely why the bitcoin is infinitely safer.
NO, Bitcoin is not infinitely safer but much more vulnerable to crash. Lol, don't make sense with a wrong statement, the government implements monetary policy to regulate the fiat currency. There is no control over cryptocurrencies, there is no regulating entity behind it making it prone to pumps and dumps.
The economy of fiat cash will sometimes decline but not that volatile as cryptocurrency. Because of regulations and control it won't happen because of the legality of fiat, and with cryptocurrency I guess when it's regulated possible huge crash will be eliminated. When fiat begun to crash at minimal amounts the economist assigned will have to correct those fluctuations in order to recover the loss.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
This is unlikely to happen, Fiat is used by everyone. There will be no stagnancy in the circulation of fiat, only the fall of the economy of a particular country will be the root cause of a crash.
Of course it is possible, and it has happened dozens of times throughout history: fiat money is made of paper, and if the government implements a wrong monetary policy, the value of money becomes that of paper.
This is precisely why the bitcoin is infinitely safer.
This is precisely why the bitcoin is infinitely safer.
NO, Bitcoin is not infinitely safer but much more vulnerable to crash. Lol, don't make sense with a wrong statement, the government implements monetary policy to regulate the fiat currency. There is no control over cryptocurrencies, there is no regulating entity behind it making it prone to pumps and dumps.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
This is unlikely to happen, Fiat is used by everyone. There will be no stagnancy in the circulation of fiat, only the fall of the economy of a particular country will be the root cause of a crash.
Of course it is possible, and it has happened dozens of times throughout history: fiat money is made of paper, and if the government implements a wrong monetary policy, the value of money becomes that of paper.
This is precisely why the bitcoin is infinitely safer.
This is precisely why the bitcoin is infinitely safer.
NO, Bitcoin is not infinitely safer but much more vulnerable to crash. Lol, don't make sense with a wrong statement, the government implements monetary policy to regulate the fiat currency. There is no control over cryptocurrencies, there is no regulating entity behind it making it prone to pumps and dumps.
there are several factors that make the value of money weaker, the main cause of external pressure is still considered to be the main factor in currency exchange rates. Other factors that encourage weakening of the exchange rate in developing countries are also from the strengthening of the US dollar and the estimated increase in the Fed Fund Rate
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
No if we talking all about the fiat money in the world, i believe there is no way that fiat will be crash. Its true there is sme country with a crash fiat currency, for example venezuella. I think we do slowly adopt the better way of money and its cryptocurrency and doesnt mean that fiat will be crash caused by cryptocurrency.
If paper money collapses, e-money will also be affected, and the government is trying to keep it from falling, with the exception of global financial crises
Rather than bitcoin is good but fiat money is more than any other things and crypto currency will fast many transactions but the fiat currency have been used for a century and fiat money can not be eliminated from the world and it is easy to say that fiat will be crashed but for fiat the world world will be completely changes and all the world powerful currencies will be affected, Fiat money is using for conversion to crypto and just like fiat you can keep your crypto in wallet.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat currency will crash, It is not believable. I think, it will not happen in future. Because the fiat currency controls each country as its own. Each country has different rules for controlling currency and illegal use of currency is prohibited. So there is no possibility of a crash in the fiat currency. 
If we will analyze FIAT currency just crashed year ago.
Bitcoin was less than a dollar and became this expensive.
We are telling BTC is falling but if we will say it.
FIAT fell a lot! dramatically/drastically!
Bitcoin was less than a dollar and became this expensive.
We are telling BTC is falling but if we will say it.
FIAT fell a lot! dramatically/drastically!
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 impossible because the government would rather choose to support fiat currency than cryptocurrency. It will take a long time for government starts to accept cryptocurrency as a legal currency or will replace fiat currency.Jump to: