It is not possible.We cannot imagine a country being totally cashless. No doubt crypto currencies like bitcoin will be used for financial transactions in future but they cannot totally replace fiat currency.Small scale transactions such as transactions in small stores where there is no internet connection are only possible with the help of fiat currency .So i don't think fiat currency will be crashed.
Wow, everyone from to A to Z are saying that Fiat Currency will never crash due to Bitcoin… lmao, anyone that ever says that Fiat will crash will get their ass roasted in this forum lol. So what if I say that bitcoin will make Fiat currency crash? Well, sincerely, bitcoin can’t, not even other cryptocurrencies can do it, Fiat is more stabilized, approved and legal.But man, if bitcoin ends, some people will lose. 
Topic: it is possible fiat currency will crashed? - page 34. (Read 8740 times)
Fiat currency crashing happened several times already, Fiat currency are based on the gold reserves that countries has and when they don't have gold that only means that their currency is worthless already but since it is a centralized currency they have their ways to manipulate it.
This is the reason why recession is happening on different countries, the currency that they have is more than the worth of gold in their reserves.
This is the reason why recession is happening on different countries, the currency that they have is more than the worth of gold in their reserves.
once in zimbabwe ex rate for US dollar was Z2,6 bln for 1USD. bread cost Z600 mln. would you consider that a crash? i definetely do. that produced extreme poverty and chaos.
That is definitely a crash and right now, Zimbabwean currency has been dropped for USD since there is no way it can really catch up. It totally got to the point when they started creating a 1 trillion Zimbabwean dollar note. That is how pretty up it has been messed.Fiats can crash and it all balls down on how the government is really able to manage the economy of the nation. So many countries have or are experiencing financial crisis at the moment and that is due to their financial system being totally messed up.
Fiat cant be crashed, fiat is the strength of a nation and keep on being controlled and supervised by the government, each country need a fiat and fiat is far more powerful than any crypto currencies
I also think so. What happens to a country or country without money? Crypto lately is very much in demand and many investors choose investments and bitcoin transactions, but in my opinion not as strong as crypto money will replace the fiat, although its function is not much different. fiat is a source of crypto money.
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 not possible because if you could see the situation now, the bitcoin still not yet recognize all over the world or either the country side on which don't have enough knowledge about the development technology. Fiat currency will still exist as an official payment transaction tool of us and it will not be replaced by bitcoin functionality, since not all bitcoin functions can be used for various payment transactions. Like loss of internet or having a brown out, you can't make online transactions payment without this things. So I repeat , Fiat still be used now and further.
I don't think that it can crash. Although, the history demonstrated that all the fiat currencies crashed at some point and they are unstable by nature - they are only backed by the government decision to declare it legal and maintain the illusion of value.
think fiat money stays in its function and will never be replaced by other currencies, because functionally fiat currency can be used in various circumstances and does not require other access to its transaction usage, whereas some other currency would require other means to be able to use it .
Yes I do agree with you that the fiat currency will be functional if the crypto currency get the hold of the whole market and all the local purchases will be made by these fiat currencies in the market, so both have their importance in their places.
Soon?
No
In distant future?
Might be
Fiat has strong hold on global economic system. It isn't going anywhere atleast for decades to come. We might shift on digital means but the basis will remain fiat and not cryptocurrencies or any other currency system. Even if cryptocurrencies become mainstream in future, they will highly be centralized. Actually economy can't work with decentralized form of currency efficiently unless we come across some better economic model.
No
In distant future?
Might be
Fiat has strong hold on global economic system. It isn't going anywhere atleast for decades to come. We might shift on digital means but the basis will remain fiat and not cryptocurrencies or any other currency system. Even if cryptocurrencies become mainstream in future, they will highly be centralized. Actually economy can't work with decentralized form of currency efficiently unless we come across some better economic model.
I can't see that fiat currency will be crashed because it is widely used in our country. And aside from that, if we are going to use the crypto-currency then every one should have their smartphones to be used in transactions for which children/kids will be consider to use them too which is not even right. Fiat is too strong to be replace lol
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Yes thats why some goberments hate this bitcoin because bitcoin is the the only way to replace bank and fiat money this is the new era of our money so we should need to know this until its early because if you have atleast 1btc maybe someday you'll become rich. 
It is not possible.We cannot imagine a country being totally cashless. No doubt crypto currencies like bitcoin will be used for financial transactions in future but they cannot totally replace fiat currency.Small scale transactions such as transactions in small stores where there is no internet connection are only possible with the help of fiat currency .So i don't think fiat currency will be crashed.
Fiat currency will not crashed. But when you have to think hard and observe on the things happened nothing is impossible now and anything can happen. Fiat currency will crashed but it will take very long time to happen and it will happen if all people turn to bitcoins or other crypto currency and forget fiat.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It's highly impossible to crash fiat currency, economy of several countries based on traditional currency not yet upgraded to digital currency systems yet, so how would it be possible to crash the fiat money.How can physical currency values falls against the currency which is virtual and not even accepted worldwide. This is will not happen unless the whole world accepts this currency and become more stable and does not have such volatility. Volatility is a feature of btc and thus it will continue it seems.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It's highly impossible to crash fiat currency, economy of several countries based on traditional currency not yet upgraded to digital currency systems yet, so how would it be possible to crash the fiat money.I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It's highly impossible to crash fiat currency, economy of several countries based on traditional currency not yet upgraded to digital currency systems yet, so how would it be possible to crash the fiat money. 
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 so. It will never happen because there are still a lot of people who ate going to use fiat money. Fiat money is also important especially to those people who lives on countryside where internet connection is too poor and also those people who don't know how to access bitcoin site through the internet. If that would happen, what do you think will happen to those people? Think about it and I think they are not the one who will be affected but we are also included there's no exception.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Crash like to be mo longwr be used? I highly doubt that this thing will happen. Cash is supported on different countries by different governments. It played a huge role on the lives of most people and even if cryptocurreny is the new era of currency, cash will be still used since the value of cryptos are only based on the value of cash or regular currencies. 
Fiat currency has been invented without bitcoins and everyone is using their own currency as the source of their living. Not everyone is capable of earning bitcoins since it requires a computer and internet, So the probability of fiat currency to be crashed is so impossible.
It could be in a realization period and thinking, what if we used bitcoin everyday? I think it could be hard if not all around us are accepting this kind of currency. Using of bitcoin is not the way of crashing fiat money, but is just an another option for us where we feel comfortable on our doing.Maybe you are wrong, every monetary system is based (i mean in all countries) with this aspect. You get 1 dollar, euro, GBP and you return 1.01 or 1.02.
This is simple money isn't back up with anything except interest.
Every single currency will crash eventually, including commodity backed currencies. Simply said, every complex system will fail or falter eventually, the more complex, the greater the likelihood of a problem.
Fiat currency has been invented without bitcoins and everyone is using their own currency as the source of their living. Not everyone is capable of earning bitcoins since it requires a computer and internet, So the probability of fiat currency to be crashed is so impossible.
It could be in a realization period and thinking, what if we used bitcoin everyday? I think it could be hard if not all around us are accepting this kind of currency. Using of bitcoin is not the way of crashing fiat money, but is just an another option for us where we feel comfortable on our doing.Fiat currency has been invented without bitcoins and everyone is using their own currency as the source of their living. Not everyone is capable of earning bitcoins since it requires a computer and internet, So the probability of fiat currency to be crashed is so impossible.
It could be in a realization period and thinking, what if we used bitcoin everyday? I think it could be hard if not all around us are accepting this kind of currency. Using of bitcoin is not the way of crashing fiat money, but is just an another option for us where we feel comfortable on our doing. Jump to: