I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
In the event of the collapse of Fiat, this will affect many, as the conditions for this are only one when the economy of a particular country and their national currency will be in deep inflation. 
Topic: it is possible fiat currency will crashed? - page 41. (Read 8740 times)
Fiat currency cannot be crashed, no. I don't think so.
No, it is impossible if fiat currency will be extinct, because the role of fiat money is very important in all sectors of the global economy. as we know that there are still many traditional markets and stores where the local currency plays an important role there.
It's not about all the fiat currencies crashing, there are some countries where due to hyperinflation the value of their currency is crashed like as that of Venezuela, Zimbabwe and also that Argentina is on the same steps. I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I have watched his full series. A part of my mind says he is absolutely correct and providing valid points. But then a part asks me then why are the top economists not concerned about it? May be bitcoin can be an amswer to such a crash dont know when such a crash is going to happen.
No, it is impossible if fiat currency will be extinct, because the role of fiat money is very important in all sectors of the global economy. as we know that there are still many traditional markets and stores where the local currency plays an important role there.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
All fiat currencies won't crash. There are instances of fiat currencies that crash due to hyperinflation (like Venezuela and Zimbabwe at the moment), but this is not usual and is a product of an unstable financial system. For the entire fiat system to crash there would either have to be huge financial powers (like several major countries) moving away from it to bitcoin, or everyone would have to die. Pretty much.
I don't think at all that fiat currency will be crashed, of course, each country government will greatly defend fiat currency.. impossible if not maintain the existence of fiat currency, let alone till be crashed. And although if bitcoin responded well by all governments in countries and can be legalized in countries, fiat currency will remain be able to using by peoples and continue alive forever I guess.
I don't think this gonna happen, because all people use fiat, so what happen to our country if thats will be happen .
The people are still using the fiat money because they didn't discover bitcoin yet and that is why the fiat currency is still dominating the whole world but if the cryptocurrencies will become popular enough to be used by almost majority of the population then a lot of people will use cryptocurrencies as a replacement for their fiat money in doing transaction and also for earning more money. 
I don't think this gonna happen, because all people use fiat, so what happen to our country if thats will be happen .
I don't think fiat currency will crash, most of the people is using the traditional way of exchanging goods and services by the use of fiat currency for its reliability/stability and can be used for immediate transaction.The economy of a country is also based on its own currency, if it falls down many business or maybe the whole economy of a country will be affected. The value of bitcoin is also volatile that the business world can't fully rely on it.
It's possible. It has happened before. Google Zimbabwe Dollars. They had to abandon the currency because of severe inflation. Things like this is exceedingly rare though, to the point that majority of posters in this thread don't think it's possible.
Everything is possible and inflation of cash is near because bitcoin has revolutionize the world and now everyone is showing serious concerns about their native currencies because they want the eases of bitcoin and as the more people around the globe will start using this mighty coin the purpose of cash is wiped out and this will happen in near future. 
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I believe that the collapse of Fiat is possible. in the case of prohibition in all and most countries of the world. But the financial sphere of the country is unlikely to catch, but the crypt will probably collapse full. In principle, everything goes to this, only time is unknown.How is that possible is? Do you think E-currency,crypto's or any revolutionary money can turn down fiat? Do you really think government can allow that? Since for me I can't see any instance or a cause on why would that happen. Fiat is a strong currency that government,businessman and ordinary people cannot let go with and maybe sometimes there is a crisis happens but fiat will became more stronger since it will be backed up by the law.
if probably fiat currency would crash, its will soon also happening to cryptocurrency . the price of crypto currency was measured in currency. So if there's no value on fiat currency the crypto currency will also follow to become worthless. Maybe the fiat currency just the phisycal symbol of currency, but it's have a big affect to economy. I don't know the detail, but its true. It wasn't impossible to made the world become paperless with all become digital, but I thought we will not live that long to see that happen.
Cash is the main way to buy crypto currency and there is no possibility to the crash because as cash will be gone there will be no more investors because they have no resource to buy so cash has an importance also so those who are saying that it will be wiped out as cryptosystem will be implemented, they are at the wrong end and cash gives progress to the crypto.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I believe that the collapse of Fiat is possible. in the case of prohibition in all and most countries of the world. But the financial sphere of the country is unlikely to catch, but the crypt will probably collapse full. In principle, everything goes to this, only time is unknown. 
i think fiat currency can crash too but I don't think that government will let this happen because once fiat currency is crash then the country will be in chaos. the crashed of fiat can triggered for many bad things that might be happen and people will be in fear and there is nothing that people can do. but I think its small chance for fiat getting crash and government will do their best to prevent the crashing by doing many things so they will make sure that the economic of the country is not disturb.
I do not think fiat currency will fall, fiat currency has been used for a very long time and has a great impact for the economy of a country, and fiat currency becomes an identity of the country and economic power of the country, besides all the many effects we can see of fiat currency, fiat currency has its own advantages easy to use without the need for access like the internet would be very helpful if you are in a place that does not have internet connection, and in my opinion no one can replace it and this currency will continue to survive for a long time
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 it will happen, cause bitcoin cannot replace fiat currency in that way easily. Fiat currency is fiat currency for a very long time. It is not that easy as what others think of it. Bitcoin may take many years to become a currency, and maybe that will not come sooner. Digital currency is difficult to adapt, specially not all people living in the world knows the way digital currencies goes, how it really works. I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
What he is pertaining to is the value of fiat currency decreasing and might eventually crash. This is already happening right now decrease on the value of you money.
What Robert is trying to teach people is to invest on other assets. Fiat is always being affected by inflation rates but other assets such as stocks shares, real states, precious metals/stone and many more are not affected by inflation rates.
If you can buy a house today for $300,000 five years from today it is not that same price anymore, is not just because the value of the property appraised but also because your dollar today will not be as valuable as your dollar in five years.
So will fiat crashed? Most probably yes it will have less and less value.
Nope. As long as the government is involved in it, i'll be impossble to happen. Just because a person said doesn't mean i'll come true. We need to do our own reseach about things. That way we can avoid being fooled.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Everyone is entitled to his or her opinion, Robert kyosaki is just making a speculation of what may happen and may not happen. As for me, I don't believe the speculation hold water for one to ponder on what will happen and what will be the implications on the people and the economy in general. There is up and down everywhere and not just fiat currency, crypto currency had their own shares some times ago and is bound to happen at any time to any currency both fiat and crypto currency. Jump to: