it is possible fiat currency will crashed?

[wantjokull]

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 that the collapse of Fiat is possible. in the case of prohibition in all and most countries of the world. But the financial sphere of the country is unlikely to catch, but the crypt will probably collapse full. In principle, everything goes to this, only time is unknown.

And I believe collapse of fiat is not possible. I mean what are the odds of $75 trillion market cap to collapse in the time. Plus more of the market cap will keep generating everyday as we need money and international transactions are increasing crazy hot per year. You can say that crypto will fall because it has no regulations and when that happens then things can go uncontrolled at anytime.

[stayeduptolate]

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

No. I don’t think that fiat currency can crash. Because firstly, it is a stable form of currency which means that its value does not fluctuate often. Secondly, it is regulated by government and banks which increases its stability and prevents the fiat currency from crashing. Thirdly, most of the world use fiat currency, so when so many users are using it, its hard to crash. But fiat currency of a country can go down if the economy of the country falls.

[gabmen]

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

No. I don’t think that fiat currency can crash. Because firstly, it is a stable form of currency which means that its value does not fluctuate often. Secondly, it is regulated by government and banks which increases its stability and prevents the fiat currency from crashing. Thirdly, most of the world use fiat currency, so when so many users are using it, its hard to crash. But fiat currency of a country can go down if the economy of the country falls.

Exactly. These economists telling us about fiat's crash are far fewer than those that ensure fiat will last. And logically, i don't see any other currencies that can support the market right now the way fiat does. I believe in bitcoin and it's future but fiat will always be here

[Terry05]

I dont think the fiat currency will crashed. Fiat is established for so long and it is supported by the guidelines and law in each country. It is impossible that things will happen soon.

[Skyshark]

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 thats not gonna happen anytime soon.. Cryptocurrency is still young and needs more time to mature, it is the future but I think it still need the help of fiat money. Another is, fiat money has been used all over the world for a long time now, so, letting it go would take some time before people can accept cryptocurrency completely.

[corroze]

In my opinion, the currency will not be replaced by bitcoin because some fiat functions can not be replaced with bitcoin, but in my opinion, bitcoin will have the functionality and legality equivalent to fiat money in the future.since bitcoin progress will increase with time.

[ongels]

Fiat currency still remains, But since we are living in blockchain era, These hot issues about cashless society are remains questionable, Because there are so many people are not yet recognized how blockchain works, It takes process to reach on that level as of now i noticed there are community who are adapting cashless society to make transactions fast and more comfortable to do. Its gonna be possible that fiat currency will be crashed down but may be in the future.

[Sled]

In my opinion, the currency will not be replaced by bitcoin because some fiat functions can not be replaced with bitcoin, but in my opinion, bitcoin will have the functionality and legality equivalent to fiat money in the future.since bitcoin progress will increase with time.

The currencies cannot be replaced by the cryptocurrencies because the government doesn't want it to happen and they just like the currency to stay what it is because the price of bitcoin is not stable and if the currencies or fiat will crashed down then how the people sustain their stable life if they will depend in volatile market so it is not possible for me to see that the fiat currency will crashed down.

[zidanw]

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

Which I know the fall of the fiat is due to the economy of his own government, and also the government will do everything in his power to keep the fiat stable, I don't know it will happens or not and when.

[suvo05]

Flat currencies are backed up by the governments and the flat money is regulated by the central bank of the country . The economics of a country is controlled by the central bank the do not let the flat currency disappeared.
 It is possible only when every country develop their own cryptocurrency ,but I don't think that will ever going to happen in future.

[Barbut]

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

Which I know the fall of the fiat is due to the economy of his own government, and also the government will do everything in his power to keep the fiat stable, I don't know it will happens or not and when.

There is always a chance that a fiat currency will crash, inflation is going up and the purchasing power drops, what you people think what will happen one day when that bubble burst? Fiat currency is not one, every country have government that controls fiat, in history many currencies already crashed.
I think this system will not last much now when we have alternative. Blockchain will over take fiat one day, no one can say when but some countries adopted bitcoin already, and if they like it they will go full on bitcoin, that means in some countries fiat will crash sooner then in some others.

[Kakawate]

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

The is no way that fiat currency is going to get crashed, the only way that this is going to possible is when the economies of the various countries associated with their currency gets crashed, And am sure that when the economy of a country gets crashed or goes into recession, its going to affect the entire world, and cryptocurrencies are not going to be spared either.

Yes, I think, Fiat currency is not going to crash or anything, and if lets say whatbyou are saying really happened, everything will be affected by it, even cryptocurrencies. I think many people are buying bitcoin so that they could exchange it to fiat when their profit is big enough. Now without the fiat currency, I dont think cryptocurrencies would still be the same as today.

[zeaderza]

I dont think the fiat currency will crashed. Fiat is established for so long and it is supported by the guidelines and law in each country. It is impossible that things will happen soon.

Paper money is the basic necessity of almost of all of us. People are using paper money since centuries and they are having a firm belief in paper money.

As far as I think, there is no way that we can see a cashless society. Paper money will remain in this society at its very own place. Crypto currencies will have hardly any effect on the market of paper money. Both will be used for their own sake.

[deadthings]

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

If everything goes in the direction of development as it is now, it will happen, but at the same time we should not have fears (i mean now).

[julzcoinbit]

I dont think the fiat currency will crashed. Fiat is established for so long and it is supported by the guidelines and law in each country. It is impossible that things will happen soon.

Paper money is the basic necessity of almost of all of us. People are using paper money since centuries and they are having a firm belief in paper money.

As far as I think, there is no way that we can see a cashless society. Paper money will remain in this society at its very own place. Crypto currencies will have hardly any effect on the market of paper money. Both will be used for their own sake.

I do agree with you, It won't really happened that fiat currency will crashed because like what you said it is used since past centuries and it is the basic necessity among of us. I cant see that cryptocurrency would play a big role on future years when it comes on financial state on every country. That's why is it impossible to happened that fiat currency will crashed.

[fiomcorka]

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 crashed someday but not now, all cryptocurrencies is still young experimented and not stabilize to replace fiat.
If the fiat loose its back up then that i where bitcoin replace fiat.

There is a big if which will decide whether this thing will happen or not. In my opinion, there isn’t any chance to see a cashless society no matter what the conditions are going to be. People are using fiat since centuries and they do believe in it. Digital currencies are no doubt very much profitable but they cannot eliminate the usage of paper money entirely from this world.

[fiulpro]

  Hello
This can never happen ,there is no chance for that to happen.
Old people, small kids, poors, uneducated there are some sectors where introduction of cryptocurrency is not at all valid.
For usage of cryptocurrency you need certain amount of knowledge and money obviously! Not everyone can afford.
Paper money will always be needed one way or the other yes its usage might be reduced but there won't be a time when it will be completely eradicated.

[Vaskiy]

Fiat system is the basic for all kind of economic system. Here fiat getting crashed and bitcoin taking its place won't happen. Already several countries has faced the crash in the value of respective paper money due to worst economic management. This kind of crash happens often and becomes stable in a short or else the government go with some other plan.

[Rashid555]

i think yes the trend is changing the modern people are like to have online wallets and they buy things through online market everywhere in the world they are living. some time we feel easy when we have no fiat money and we want to go somewhere because there is threat involved which is said theft. when you have online wallet you will feel easy.

[iyan33]

 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 .