Topic: it is possible fiat currency will crashed? - page 43. (Read 8740 times)
It would be impossible to happen, there is nothing that can alter the feature and worth of a fiat currency even the the crypto currency. For the longest time, fiat was used by people and there is no way people can let it go. You might think that Bitcoin will alter the fiat, but the sad truth is that BTC has still many things to develop in both feature and worth. Currently, the people who are just into it are those who have internet access and in addition Bitcoin value is not yet stable. we cannot rush to make crypto as official currency and disregard the fiat. let us see what the future will bring.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It might be because of the inflation rate. Fiat currency has a limited supply, So whenever they print more and more coins and bills for fiat its value is somehow decreasing without the people noticing it.
I agree and it's actually happened in some countries like in Zimbabwe. Their money almost lose it's value because of inflation. And many people there are totally confuse, with an instant their money can't buy their necessities. And bitcoin had help them somehow as an alternative in their currency.
Good thing bitcoin had invented like this is a blessing from above to solve and be alternative in our currency.
I don't think Fiat currency will crashed. For sure we will have only many option as currency on doing our purchases. But for sure our recent currency will continue to exist.
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Fiat is never ever gonna crash, do you know what will happen if that happens? the whole world will be in chaos and there will be need of food, drinks, water, and everything that is available, even if it does get crashed (chance of probably 0,0001%) there will always be a plan b, governments have already figured out what to do in these chaotic situations, well if it does happen in another life time I hope cryptocurrencies will take everything over.
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.
Fiat has nothing to be worthless, this is a currency that people used for daily living, even bitcoin would be more popular fiat still there and has a value. In crypto currency all coins was based on the value of bitcoin and i think bitcoin will exist and has a great value for long period of time there are many people continuous supporting because this is the best source of income online.
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.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It might be because of the inflation rate. Fiat currency has a limited supply, So whenever they print more and more coins and bills for fiat its value is somehow decreasing without the people noticing it.
Fiat is used all around the world by everyone so crashing of fiat would be just next to impossible as fiat shows their nations economy and etc.Fiats are very to use and are also official currency so as long as the nations is there their fiat will be also there.Bitcoins are mostly seen as an investment they just can't replace fiat at least not in this century.
Until these years fiat is always been exising and going stronger. It is the main use wolrldwide and it is impossible it will get crashed. Yes bitcoin is the best investment and being used by many but fiat currency will still as is. 
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
I do not think Fiat easily collapsed so. There are a lot of bad rumors about digital money, and you should not believe those rumors, because their words are not necessarily right. Because you should consider whether the rumors are true or not. I never thought that Fiat would collapse because it was a tool for people to value the assets of the world, and people used it to convert digital money into fiat, which is very necessary in life so it will never collapseif how fiat will collapse and what would be the replacement for that, if we are thinking that crypto will do then it will break the concept of being decentralized
as government needs to control it.
Fiat is used all around the world by everyone so crashing of fiat would be just next to impossible as fiat shows their nations economy and etc.Fiats are very to use and are also official currency so as long as the nations is there their fiat will be also there.Bitcoins are mostly seen as an investment they just can't replace fiat at least not in this century.
Until these years fiat is always been exising and going stronger. It is the main use wolrldwide and it is impossible it will get crashed. Yes bitcoin is the best investment and being used by many but fiat currency will still as is. 
Fiat is used all around the world by everyone so crashing of fiat would be just next to impossible as fiat shows their nations economy and etc.Fiats are very to use and are also official currency so as long as the nations is there their fiat will be also there.Bitcoins are mostly seen as an investment they just can't replace fiat at least not in this century.
Until these years fiat is always been exising and going stronger. It is the main use wolrldwide and it is impossible it will get crashed. Yes bitcoin is the best investment and being used by many but fiat currency will still as is.
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.
That's impossible because fiat system is so different done crypto currency. bitcoin is a decentralized currency where the price is not stable and it's depending the price on the demand . unlike fiat system it's been here for a long time and government won't let go the fiat system in order to have more balance economy.
I think it's quite impossible at this time for paper money to crashed and digital currency will replace because the price of bitcoin is not yet stable and even if it will have a stable value I don't think the supply of bitcoin is enough for the demand knowing that it is considered to be a global currency.
For me it's really big no. Since fiat money is owned by the government and nothing will happen with that.
If any country faces wars then its currency value will go down very badly but may not be zero. It will surely losses its value against other fiat currencies.
There is really a big chance now that crypto currencies will rule the economy and fiat may crashed since people starting to adopt this technology and some governments support it, the paper money may soon be replace by cryptos, The demand in bitcoin is increasing rapidly while the prices goes higher and higher so I think we are now ready for s digital economy.
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 its not gonna happen anytime soon, as I see things, people are investing on Bitcoin eagerly because the price of bitcoin is very high when converted to our current currencies. So the more cryptocurrencies they have, especially bitcoin, the more money they can convert it into. Actually, I can't blame them, its just so surprising, I mean the way bitcoins price just go up skyrocketing to the sky! In a short period of time. Doing trading and investing on cryotocurrencies are just a sure way on being rich!.
If Fiat becomes a crash and bitcoin takes over the position it will make the world even more chaotic, the currency needs government intervention or will continue to move wild and cause a commotion. The position of Fiat is very important for the determination of sovereignty after the flag emblem, the world will still make it a priority despite many weaknesses and conspiracies.
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 that fiat money get crashed. In every country, people directly and indirectly depends on fiat currency. Seems that if it happens, the economic condition of a country will crashed also. Probably there is no chance to get crashed it. 
For me it's really big no. Since fiat money is owned by the government and nothing will happen with that.
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 its not gonna happen anytime soon, as I see things, people are investing on Bitcoin eagerly because the price of bitcoin is very high when converted to our current currencies. So the more cryptocurrencies they have, especially bitcoin, the more money they can convert it into. Actually, I can't blame them, its just so surprising, I mean the way bitcoins price just go up skyrocketing to the sky! In a short period of time. Doing trading and investing on cryotocurrencies are just a sure way on being rich!.
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