it is possible fiat currency will crashed?

[zeaderza]

I don't think it's possible that fiat currency crashed, if that happens there will be chaos everywhere this system is what we used since as early as 5,000 B.C. so i think it's really is impossible that fiat crashed. And do you think that the government will allow it, nope they will not gonna let fiat crashed cause the balance will gonna brake down and that's the start of chaos i think.

The last thing the government will do is let Fiat crash, instead they will find a way to destroy Bitcoin once and for all. Everyone will just wake up and their Bitcoin has all disappeared lol. Now don’t hate me for saying that, cause I’m just joking. But still, that’s the true fact, government will never let Fiat go down like, they rather that Bitcoin go down.

[Vaskiy]

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 fiat currency will not crashed. We all know that the cryptocurrency is becoming more popular than before but I think the popularity is not yet enough to beat the fiat currency.

With more articles as well news coming out relating bitcoin as well other digital currencies the growth as well popularity keep on increasing. Bitcoin too is valued in terms of fiat, when this changes can expect the crash of fiat. Until then fiat will be the leader and bitcoin serve as the alternative.

[raven7886]

Not crash but replace, there is a small chance that it will ever be replaced with another form of payment but never in my opinion will be destroyed in itself.

Yes the cash will be replace soon because people around the globe are now asking for the new currency that can be used all over the world and more beneficial for them also and bitcoin is here so don’t worry if cash got replace there is bitcoin that will replace it and it is more benefiting as compare to paper money because it give a lot of profit to its owner on daily basis and it allows to use it as investment and payment,

How many people are asking for the new currency ?
If you take a look at the population of those adopting the digital currency today, it is still relatively small and even in future, not everyone would still accept to use it. That is one thing we have to know.

Most countries are still challenged with access to internet, also, where do you want to leave the poor ones in the picture ? To die of hunger ? Fiat will still stay relevant whether we like it or not, about fiat crashing though, only time can tell.

[Wittycoin]

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

When fiat currency will get crashed and have no value anymore, people will need to adopt to the situation even if it is not that easy because as we know, many people are still ignorant on cryptocurrencies and is still depends on fiat money. But what I can say is I think fiat money will not get crashed because since then, government are always backing the fiat money and I know they will not let the fiat get crashed. Even so, people always will adopt to any situations.

[coinplus]

hi, i dont thin the Fiat Currencies will crash, as till today not many people are into cryptocurrencies, and the fiat currency like US$ is still dominant  the world. So, dont worry, the fiat currencies wont crash!

Even the government will not allow fiats to be taken over. In fact they still have the control on fiat and there are so many things fiat will still always be used for. We cannot really say what the future holds for sure, but I guess we may just have to keep watching and seeing how events unfold, but from the angle I see it, one way or the other we will still need fiat as a way of measuring even the value of bitcoin itself. Unless the government wants to take over USDT or other governments creating their own cryptocurrency and even at that it would still be controlled.

[JTASSOCIATES]

We have to deal logically with few things in that possible of crashing fiat currency which not possible at all. Unless until all people accepting the cryptocurrency we are not able to finish fiat. Each and every Government will not let this happen as the value of their country is differs and one currency that also cryptocurrency most of people not aware and use to it so it is not possible to think of crashing fiat currency.

[chelle5]

I think there is no such thing that fiat currency could possibly crashed.Maybe if the economy of the country will fall there is a possibility that fiat currency will crashed.

[Wexnident]

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 this thing is really impossible especially if the cryptocurrency including Bitcoin will be the reason. Cash or regular currency are supported by different countries which is unlike Bitcoin wherein it is not yet legal to most of the countries. So it will be quite impossible that fiat will crash or will be no longer used.

[cryptodyn]

No, it is not going to crash.
People are buying bitcoins with fiat, not with gold.
Bitcoin needs fiat as much as fiat needs bitcoin.

[cryptokitty]

It will not, fiat is very useful in all parts of the world. It is being used by everyone even if others are now started using digital currency and yet fiat cannot be eliminate easily.

[ZENC]

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. Fiat currency will never crash because its demand and supply is very high. But now Bitcoin should be accepted as a world money.

[Naoko]

it is impossible until the cryptocurrency is decentralized...the states won't allow not to control everything and this is obvious and properly...the cryptocurrency may in the future simply become a good option, but it will never replace the fiat

[hartonosusilo]

Yes it could be happen if people are using the advantage of digital currency to take fiat currency out of the game. I think that future gonna come soon , as long as the insane development of digital currency for now.

[traderethereum]

it is possible for fiat currency to be crashed if people is not trusted with their government and there are many people is yelling for some chances and inflation in the country. as long as the government can calm down their people then the chances is small to see fiat is crashed. we have seen many countries inflation but somehow the government can make a good solution for the situations and makes people believe to them. i can not imagine if fiat currency in many country is crashed and i wish that this situations is not happen right now or in future.

[HiringYou]

No, I don't think it is possible.No doubt some people are nowdays using digital currencies for their  transactions but there are  number of people  that are still using fiat currencies as their mode of payment.It is difficult for any digital currency to gain that amount of trust that people have on fiat currencies.Fiat currency is a traditional form form of currency that is being used by people since years. So it is not possible for any type of digital currency to replace fiat currency .So it will not be crashed.

[Kevin77]

think fiat money stays in its function and will never be replaced by other currencies, because functionally fiat currency can be used in various circumstances and does not require other access to its transaction usage, whereas some other currency would require other means to be able to use it .

Yes I do agree with you that the fiat currency will be functional if the crypto currency get the hold of the whole market and  all the local purchases will be made by these fiat currencies in the market, so both have their importance in their places.

The thing is that not everyone will adopt the usage of bitcoin and a time will come that bitcoin would become not just an asset but a means of payment and also change some ways we spend. So many people would still prefer to go the fiat way even if they have bitcoins, which obviously would make fiat to still be much in existence.

[moynul2050]

it is impossible until the cryptocurrency is decentralized...the states won't allow not to control everything and this is obvious and properly...the cryptocurrency may in the future simply become a good option, but it will never replace the fiat

yes I think the same thing, the Government has an important role to defend the economy in every State. Includes official and acknowledged permit issues.
There will be rules about it, in time BTC and fiat will be together and can not be separated.

[Givebirth]

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

This will never happen. Fiat currency is the main source of what we have right now and also on every country. Government keeps and holds balance value of fiat currency. If it will crashed there will be panic on each country and also it can affect the living of some people who don't know crypto currency.

[JeffBrad12]

I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

This will never happen. Fiat currency is the main source of what we have right now and also on every country. Government keeps and holds balance value of fiat currency. If it will crashed there will be panic on each country and also it can affect the living of some people who don't know crypto currency.

Just like Venezuela and grace. If you are seeing the latest news caused by the inflation and both of the countries already gotten degradation on the value of their fiat money against the dollar.
That means the inflation can give a lot of the impact to the fiat money's value. especially about the stability of the economic in every country.
The possibility was true. But that will be so difficult rather than cryptocurrency. because the fiat money gets a lot of the backed from the various economic structure.

[rainezerr401]

Fiat currency has been invented without bitcoins and everyone is using their own currency as the source of their living. Not everyone is capable of earning bitcoins since it requires a computer and internet, So the probability of fiat currency to be crashed is so impossible.