You have 82 000 000 000 000 USD money equivalent in the word and 88 993 401 494 Bitcoin market cap.
Fiat money have very complex countries-to-countries relationships and they will not crash soon. May be more printed.
Topic: it is possible fiat currency will crashed? - page 44. (Read 8740 times)
By my opinion much more possible than bitcoin crash.Euro is garbage sooner or later will not exist,dollar is trilons dollar ponzi scheme,fiat money is debt money,what you can buy for debt only more debt
It is not funny,becouse that kind of crash may cause serious tensions,populists,ultra right groups can get stronger.Remember nazi ,nazi was born after 1929 crisis,who wants that time repeat.Crypto will not save the world,it may be used against people very easly
It is not funny,becouse that kind of crash may cause serious tensions,populists,ultra right groups can get stronger.Remember nazi ,nazi was born after 1929 crisis,who wants that time repeat.Crypto will not save the world,it may be used against people very easly
Nothing is impossible but this wont be happening anytime soon because the central bank is there to prevent this kind of a catastrophe, but we have had one or two countries that are experiencing this kind of a crash as a result of bad governance from the politicians which is avoidable. Should this happen bitcoin becomes more powerful 
But I do not think that we can consider I as crash, In some cases like in war like situation the fait currency of a country no doubt drops its value but I do not think that it should be consider it as crash, because the downfall is very slow and take a lot of time as compare to the digital currency where the currency lose its value in minutes and come to the bottom. 
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 very impossible fiat will crashed or will be obsolete just because of bitcoin. If you weight the bitcoins users again fiat users i could say there is very big difference in favor of fiat user. The world must first to find ways that bitcoin should be conveniently to use by all people like the illiterates, poor, old and children plus bitcoin is limited in supply it was just only 21 million billion against trillion of population in the whole world.
I really don't believe that kind of speculation. Even though bitcoin will be on top and its price are unstoppable but still fiat is on the heart of the people and their is no chances it will happen. Price stability of bitcoin is a big problem and also not all individuals are knowledgeable on this kind of technology.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
There is truly no way to test that fiat has crashed and its because it the support it gets from the arm of government saddled with such responsibility which is the Central Bank but at the same time, looking it intuitively by doing some historical analysis what was needed to buy a car say 10 years ago in an amount of dollars, to get that same car, one would probably need more amount and that to me is dollar crashing but because its government and its antiques, they interpret it as inflation and even to ahead to explain to us that such time of inflation is good for the country.
In other words, fiat has been crashing, what is left is for people to see in that light.
I don't know they mean USDT digital fiat money or paper money printed by the governments. If they mean USDT, it's likely to crash in a law event between the tether company and US courts.
If it's paper money printed by the governments, it doesn't crash and an economic crysis exists instead.
Your scenario with FIAT crash is impossible, of course FIAT currency could dump but only if we will have next world wide financial crisis.
But who knows maybe in next 100 years fiat will be replaced crypto? Or crypto will be replaced by something, we will see.
But who knows maybe in next 100 years fiat will be replaced crypto? Or crypto will be replaced by something, we will see.
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Anyway, is just an speculation but there is nothing to believe because it is not even shown that it would take over fiat. As we observed bitcoin price nowadays are continuously increasing but it is enough or the signs that bitcoin will crashed fiat money. It a long process to make it but I don't think that it will happen. I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Depends on the country situation if they going to be down then the currency it self eill be going down too but will never be crush maybe they can change the image but not all can be on that forever but my guess here is every country has their own economy success. 
Nothing is impossible but this wont be happening anytime soon because the central bank is there to prevent this kind of a catastrophe, but we have had one or two countries that are experiencing this kind of a crash as a result of bad governance from the politicians which is avoidable. Should this happen bitcoin becomes more powerful
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
It will take a long time for that to happen and believe me it may take 20 to 100 years to come as fiat has gotten into our system and we are a custom to it. Many people especially those from third world countries do not have access to Internet and bitcoin is the money of the Internet therefore most of them will see bitcoin as something strange and they will definitely not going to use it. However time is going to come when we will all begin to see the advantages of this blockchain technology and really know that is far better than fiat and governments will see reason why they are going to adopt it as money.
The only way fiat currency would crash would be if there was a global pandemic.
Its too hard to crash since vendors and merchants and everyone accept fiat currency.
Every dollar is backed by goods and only with the destruction of government order does it crumble
Its too hard to crash since vendors and merchants and everyone accept fiat currency.
Every dollar is backed by goods and only with the destruction of government order does it crumble
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
There is truly no way to test that fiat has crashed and its because it the support it gets from the arm of government saddled with such responsibility which is the Central Bank but at the same time, looking it intuitively by doing some historical analysis what was needed to buy a car say 10 years ago in an amount of dollars, to get that same car, one would probably need more amount and that to me is dollar crashing but because its government and its antiques, they interpret it as inflation and even to ahead to explain to us that such time of inflation is good for the country.
In other words, fiat has been crashing, what is left is for people to see in that light.
Speaking of the fact that in this world nothing is impossible.
If so, the world government will find a new currency and not rule out bitcoin as its successor. But i do not think that's possible, because fiat is stronger than crypto currency.
fiat is controlled by the government in a country, has a fixed value and quality and the position of its value is assured.
Anything backed by the government would remain still and strong.Crash could possibly happen but not today or even tomorrow and same as you said they wont really let this thing to happen.I cant see that cryptocurrency would play a big role on future years when it comes on financial state on every country.It may progress but only into its particular field which they wont really collide with local fiat. If so, the world government will find a new currency and not rule out bitcoin as its successor. But i do not think that's possible, because fiat is stronger than crypto currency.
fiat is controlled by the government in a country, has a fixed value and quality and the position of its value is assured.
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 Robert Kyosaki talks about there would be an another great recession in the world and not a Fiat currency crash, the strength of each Fiat currency in each country depends on their economy so maybe in able to crash once Fiat currency there must be a world war III to happen because it destroy the infrastructure of the nation and its livelihood.
If that time comes(Hope not) then that's were the true essence of Bitcoin will be tested if it is really a strong digital currency, if it can survive a great recession that will happen in the real world, I am excited about it but at the same time scared.
Fiat is under Government control. They will not allow it to crash, and if it does due to market conditions, it will only lead to inflation. As of now, that is detrimental even to btc,because your investment in btc is protected due to its price in fiat. You cant go to your local grocery shop and tell them that you will pay in btc if fiat crashes, because then everyone will seek out fiat only. Plus, since the value of btc right now is dependent on the fact that fiat is backing it, it will not be a good thing for cryptos if such an event happens.
Speaking of the fact that in this world nothing is impossible.
If so, the world government will find a new currency and not rule out bitcoin as its successor. But i do not think that's possible, because fiat is stronger than crypto currency.
fiat is controlled by the government in a country, has a fixed value and quality and the position of its value is assured.
If so, the world government will find a new currency and not rule out bitcoin as its successor. But i do not think that's possible, because fiat is stronger than crypto currency.
fiat is controlled by the government in a country, has a fixed value and quality and the position of its value is assured.
in my opinion as long as the government still support fiat then there is no way to fiat will crashed although the development of digital currency was very fast but fiat till everytime will not to be crashed unless the government want to change their currency to digital currency but that almost impossible
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 also 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.
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