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Topic: When will fiat money lasts? Can anyone predict it? - page 2. (Read 835 times)

full member
Activity: 532
Merit: 100
Even the most famous fortune teller in the world cannot predict when fiat money will last. Fiat is so stable and it is more comfortable to use in our daily transaction.
newbie
Activity: 24
Merit: 0
Anything of value has its value bigger then it's direct usefulness (aka painted paper is called "money" and can buy something) as long as people believe in such a thing. So - we can't predict when their trust will shift worldwide. There are still places where stones and bones are used, you know? Jk.
So, i think that for now we're stuck with FIAT money for some time.
 
full member
Activity: 229
Merit: 100
I guess we are in the last decade of fiat money. Creation of Dollars is spinning out of control into numbers that the mind cannot even grasp. All those illusionary money won't last forever.
jr. member
Activity: 301
Merit: 3
DAEFROM.com
I don't think fiat money will ever last, fiat money is the most common way of transaction, it can be use easily and all people know how to use it, it can be use offline, although crypto can also be used as a currency, some still prefer to convert it into fiat money for they feel more secured and to make sure that they'll get profit they wanted because we all know that crypto's price is not constant.
Aba
full member
Activity: 431
Merit: 100
As long as there are still regulation applicable about the use of fiat currency as a legal means of payment in a country then fiat currency will survive
newbie
Activity: 112
Merit: 0
No one can predict now .
newbie
Activity: 93
Merit: 0
It won't last because we use fiat in everyday day life so it is impossible that fiat will last.
full member
Activity: 476
Merit: 100
Predicting when the fiat will last is kind of hard. I'm not saying it's impossible I'm saying it's doable but it would be difficult. Not unless you have insider information, which i think would be illegal, not sure though but pretty sure trading laws still apply to bitcoin. But i could say by slthr start of 2019 you will see drastic changes if not it would be empty by then
member
Activity: 392
Merit: 10
Spanish Translator
I don´t think that fiat is going to disappear, at least in the near future. Fiat can have many problems but it´s really easy to use and people is acclimated to it, so it´s very hard that it it can disappear.
full member
Activity: 406
Merit: 100
I think fiat will last for a long time. It is more convinient to use by anyone in a society poor or rich. But i don't know what will happen in the future if it will use by people or not.
jr. member
Activity: 104
Merit: 1
No one can predict the course of any currency, because all the world's money and even crypto-currencies are controlled by secret rulers. They control the course in the direction they need.
This is the truth. Money is the power, and those who rule and control things have that power. And by money I mean the control of many times more money than a Bill Gates, or who ever else is reported as the riches man in the world.

Unknown people, Bill Gate can't ever have that power, he is known by the public.
newbie
Activity: 48
Merit: 0
This is a big scale question.No one can tell the exact date to stop fiat currency exchange.because if fiat lasts means Crypto should can do each and every transactions in the world.its really hard thing to happen.as my knowledge still 2% or  3% have knowledge about crypto.dat means crypto will have big crowd to reach.will see.
any way I also waiting to live without using fiat.
full member
Activity: 420
Merit: 101
I bet it to be 15-20 years. That's enough to stand strong for crypto-currencies.
newbie
Activity: 8
Merit: 0
Remember, you predicted bitcoin price wont be more than 10000$?  now, you came with another prediction? how funny
sr. member
Activity: 420
Merit: 250
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When will fiat money lasts? Can anyone predict it?
Dollar is going down now.

As long as the society's government don't approve of digital money(cryptocurrencies), then fiat money will never go out. The government holds the decision of changing the current fiat to digital currency, but the perk of being decentralized of cryptocurrency makes it impossible for the government to approve of the idea of phasing out fiat money. Besides, no government can replace fiat money with digital money whenever they want to because it would take too much work to digitalize everything especially in the trading industry.
hero member
Activity: 1134
Merit: 500
When will fiat money lasts? Can anyone predict it?
Dollar is going down now.

Cryptocurrency is not yet as popular so we can predict the extension of fiat money. People don't forget easy old habits and, perhaps they don't even know about all those germs that you contact one with the money...
full member
Activity: 308
Merit: 100
I do not believe that the fiat monet will lasts. Even if the dollar goes down , fiat money will always be the choice of people instead of other kinds of money like digital money . Fiat money is more easy to spend than digital money. Let us say without internet connection digital money is nothing. But the fiat money with or without internet, in can be use anytime and anywhere.
member
Activity: 97
Merit: 10
Nobody cant predict when it will be gone but I think the phasing out will start within the next 10 years and within 25 years I think the world will be cashless. What a nice pure digital world it will be ahh can imagine it now! Shocked
newbie
Activity: 37
Merit: 0
What about when you don't have access to the internet? Would suck if you wanted to go to the store to buy bread and internet/electricity is down, sorry sir no food for you today ...
So i think fiat money will be around for a while.
member
Activity: 65
Merit: 10
When will fiat money lasts? Can anyone predict it?
Dollar is going down now.


Fiat money will surely not fade away so soon and no one can tell it.Eventhough cryptocurrency is being patronized by a lot of people now a days in the market,there are people or countries who will be left behind and not be willing to adapt the digital currency and still be using fiat in buying things or even in tradings.
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