If bitcoin price is $10.000, will fiat be worthless?

[fkvidar]

Bitcoin can never replace fiat.
but bitcoin has possibilities to replace online payment processors and credit cards.I think replacing fiat isn't possible.

[Pattart]

I think the price of bitcoin will not affect the fiat. Fiat will stay the way they are. and if the price of bitcoin reach $10.000 i think many people will start using bitcoin.

will certainly impact to fiat. it is impossible not affected. if the currency becomes very large. it will invite more investors
great risk for fiat

[BeGoods]

yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!

i think fiat will be not worthless. The price is too high for the currency

Fiat will always rule the world even if the price of bitcoin reaches the moon fiat will continue to show its power as the users of fiat are more and it will keep on increasing in near future too.

nope. I think a price of $ 10k per bitcoin. it will be very high. we would not think that fiat still exists or not. of course there is a very crazy thing will happen to the fiat that bitcoin prices can rise very high. with a price like that. bitcoin will certainly make all of the country's currency. become worthless

[JAyThaRevo]

yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!

i think fiat will be not worthless. The price is too high for the currency

Fiat will always rule the world even if the price of bitcoin reaches the moon fiat will continue to show its power as the users of fiat are more and it will keep on increasing in near future too.

nope. I think a price of $ 10k per bitcoin. it will be very high. we would not think that fiat still exists or not. of course there is a very crazy thing will happen to the fiat that bitcoin prices can rise very high. with a price like that. bitcoin will certainly make all of the country's currency. become worthless

That's simply impossible that fiat can become worthless anytime in future, even if the bitcoin price skyrocket there would be many users depending on fiat.

[EdenHazard]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i'm not agree,fiat will not worthless even bitcoin price up to $10000,i think fiat will always be part of economic life,and important part of economic lifecycle in this world.

[angryrob]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i'm not agree,fiat will not worthless even bitcoin price up to $10000,i think fiat will always be part of economic life,and important part of economic lifecycle in this world.

That's correct, people are using fiat since a longer period of time and they will continue to use in future too, even the value of bitcoin is in millions, there would be many people who will still use fiat.

[samanas]

Fiat will be there for long time. When bitcoin is worth $10,000, it will be mainly used as investment. Daily transaction can use fiat.

[hasiramasenju]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i would not agree with that statement also because bitcoin prices would never reach to $10000 yet at least for next 3 or 4 years so i think fiat would not become worthless

[nostal02]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i would not agree with that statement also because bitcoin prices would never reach to $10000 yet at least for next 3 or 4 years so i think fiat would not become worthless

fiat will still be used for the next 50-100 years it will still be the main exchange factor and theres no way that the bitcoin would reach 10,000 in your lifetime.

[ajun96]

it will not giving affect to fiat because mostly of bitcoiners do exchange their bitcoins to fiat,so,at the end bitcoin is just like a good or stuff which have its price/value in fiat

agree. that time bitcoin prices rose to $ 1,200. and there is no effect whatsoever given for fiat or dollars, they remain solid and enduring. I think it would be the same if bitcoin prices soaring. Fiat will still be valuable. and many people will continue to use fiat

[Mr. Big]

Fiat will be there for long time. When bitcoin is worth $10,000, it will be mainly used as investment. Daily transaction can use fiat.

 That is true, fiat will always be there even if bitcoin price reaches its highest price.. and probably more and more people would be richer in fiat because of investing in bitcoin..So there is no reason for fiat to become worthless..

[pocarime32]

I don't think it will affect fiat, even if the price of bitcoin is $100.000 it will not affect fiat. Because fiat and bitcoins are different, but if fiat something happened, bitcoin will affected.

[martinacar]

yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!

i think fiat will be not worthless. The price is too high for the currency

Fiat will always rule the world even if the price of bitcoin reaches the moon fiat will continue to show its power as the users of fiat are more and it will keep on increasing in near future too.

nope. I think a price of $ 10k per bitcoin. it will be very high. we would not think that fiat still exists or not. of course there is a very crazy thing will happen to the fiat that bitcoin prices can rise very high. with a price like that. bitcoin will certainly make all of the country's currency. become worthless

Its is not possible to reach the 10.000. Or there just have to be luck or something and it will takes a long time and that is bad.
If the value is going to rise. It takes a long time and it can also stop rising, so you never know what the value will be.

[BeGoods]

yes of course it will be worthless...as i btc can earn many more if you use it in the right way!!

i think fiat will be not worthless. The price is too high for the currency

Fiat will always rule the world even if the price of bitcoin reaches the moon fiat will continue to show its power as the users of fiat are more and it will keep on increasing in near future too.

nope. I think a price of $ 10k per bitcoin. it will be very high. we would not think that fiat still exists or not. of course there is a very crazy thing will happen to the fiat that bitcoin prices can rise very high. with a price like that. bitcoin will certainly make all of the country's currency. become worthless

That's simply impossible that fiat can become worthless anytime in future, even if the bitcoin price skyrocket there would be many users depending on fiat.

it's just my view. you can see the Zimbabwe dollar, the price is 1 billion zimbabwe = 1 usd. that's why. zimbabwe dollar worthless.
if you equate with the case. fiat or dollar may also definitely be on leave or not worth ?

[agustina2]

More importantly remove the thoughts of having a price of $10,000 per on bitcoin. Focus first on $1000 value. To reach that $10,000, it will take half a century if the trend will always goes positive.

[blackmachinegun]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i would not agree with that statement also because bitcoin prices would never reach to $10000 yet at least for next 3 or 4 years so i think fiat would not become worthless

what if it really happened in a few more decades. I also think that it is impossible. bitcoin prices in the next 10 years lol. but how if the price of bitcoin at least more than $ 3,000. whether Fiat will start in left or will become worthless?

[agustina2]

In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?

no i would not agree with that statement also because bitcoin prices would never reach to $10000 yet at least for next 3 or 4 years so i think fiat would not become worthless

what if it really happened in a few more decades. I also think that it is impossible. bitcoin prices in the next 10 years lol. but how if the price of bitcoin at least more than $ 3,000. whether Fiat will start in left or will become worthless?

If fiat will become worthless, that $3000 value or even $100000 are pretty useless because fiat will have now lower value.

If that is happen, only bitcoin will use for transaction. The rate will be 1:1.

[sallymeeh27]

It will only be worthless maybe because they no longer use this fiat, but as for me I dont thhink so because this will all be present even during the rise of value for bitcoin. This still present for institutions will still honor business transaction using fiat money, its just that bitcoin will be more then..

[Bettwarm]

It will only be worthless maybe because they no longer use this fiat, but as for me I dont thhink so because this will all be present even during the rise of value for bitcoin. This still present for institutions will still honor business transaction using fiat money, its just that bitcoin will be more then..

The fiat will worth less and less in the future. The centreal banks can print the fiat as they wish, so it has no value.

[Laosai]

The main consequence of btc worth 10k$ wouldn't be the uselessness of fiat, but the independency of btc =D