it is possible fiat currency will crashed?

[kodtycoon]

It is possible, there are countries that are experiencing a prolonged crisis and should have local governments receive new innovations, especially in digital systems. Bitcoin may help reduce the problem for the crisis-hit country, but it all takes the process and the local government must be willing to do it well and correctly.

[xbl1008]

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 right now USD is really having a hard time because their currency is crashing like hell they are experiencing a hyper inflation since the 2008 economic crisis and government are take over some of the business their so the market can function well that it can provide their citizens their need, and this is also happening in other countries not just in US every year there is an increase in inflation about 6%..

[musharaf]

From the beginning the currency has changed its shapes from time to time and the fiat currency has a strong existence and used by every society. The illiterate people can use fiat money without any problem the life is normal we can’t say that the fiat money will crashed as the history doesn’t have any example of crashing fiat in the past and it will not happen in the future as well.

[raven7886]

It is for sure possible and that is what we are seeing right now actually because more and more people are realizing that FIAT is worthless as it was created by private organizations and is controlled by them so they can create fake debt through inflation that benefits them but it is at the expense of everybody else and this has been happening for so long so it needs to stop.

To me I think that It is looking an impossible job that the fiat currency will crashed because the fiat currency has build a firm trust in the hearts of the people all over the world as the people are using are it for the last several centuries. Furthermore fiat currency has physical shape that’s why all the people are very much confident over it and they are using it in their local markets.

Definitely, there is no doubt that it would be very hard for it to lose the mirage they have been able to put into the citizen's eye for them to understand that they have been enslaved all these while. Physical shape or not, it is one of the mirage we are talking about and once people start realizing that and as much as people keep losing that trust, then we will see whether it will or not.

Fiats have crashed before, but at the detriment of the masses which is why most people do not know. Checkout what is going on in Zimbabwe and you will know better.

[jassanpary]

From the beginning the currency has changed its shapes from time to time and the fiat currency has a strong existence and used by every society. The illiterate people can use fiat money without any problem the life is normal we can’t say that the fiat money will crashed as the history doesn’t have any example of crashing fiat in the past and it will not happen in the future as well.

Fiat currency is like a old fashioned money, it doesn't crash because of the existence of digital currency. If we observe the trend and the percentage of people who're using normal currency and cryptocurrency, fiat currency stands 1st. So fiat currency Will not crash it will there in future.

[Nevis]

If this will really happen imagine that thing and situation when government fails because the only way fiat currency
will fall if government along will fall at the same time because government is the basis of fiat currencies  and the foundation of fiats

[dancingnancy]

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

Fiat currency is widely used as the medium of transaction all over the world. Barter System has ended almost everywhere but it will take a substantial amount of time for fiat to end. we are moving towards the technological era but will still be dependent on fiat.

[ajochems]

Possible, yes. Thing is anything in society can "crash."

A a crash just might take the existing government alongside it, which mind you would be replaced by another which can be worse.

By seeing the price of bitcoin now it is seems to be the bitcoin will crash the FIAT system.Soon some of currency will be replaced by bitcoin. Many websites are now accepting bitcoin as a payment. One of that is Amazon,like this many start to accept the bitcoin. This is appreciation of bitcoin. They come to Know the value of bitcoin now,later price of bitcoin raised means, they will get add dollar.

[carlisle1]

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.

thats impossible to happen that physical money can be crashed because of crypto?maybe one of this day cryptocurrencies can dominate the fiat but wont make it gone.because what ever what happens fiats will remain and wont gone

[McKane]

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.

thats impossible to happen that physical money can be crashed because of crypto?maybe one of this day cryptocurrencies can dominate the fiat but wont make it gone.because what ever what happens fiats will remain and wont gone

The utilization of bitcoins is bit by bit increment and a huge number of individuals are in the realm of bitcoins on the grounds that bitcoins is gainful cryptocurrency and that is the reason individuals utilize bitcoins and favor bitcoins then genuine cash with the goal that's the reason it appears that soon the genuine cash will smashed and the bitcoins will be presented in the entire world and all the world will utilize bitcoins rather the genuine cash.

[shata]

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 no reason and no way that fiat is going to crashed. Bitcoin is just a cryptocurrency but it is one of thr currency that people used. In our country, Only fiat is the currency known by all people. Some people are having knowledge about cryptocurrencies but only few. If fiat will crashed, many people will be affected because many people are not aware about crypto. Banks will going to down and government will be affected if it happens.

[White Christmas]

i cant imagine this things will happen .. but in everyday life of many people in the world nothings is imposible .. you dont know if its happen or not as long as you live and never see the future .. but my question is .. if it happen whats currency will be the new currency ? hmmmmms..

No it is not possible to happen, even cryptocurrency becomes ahead on it still in wont crashed. Fiat was strongly build and supported by government and all people in one country. Yes nothing is impossible but you think that all people would let it? Government will never let this happen. Fiat have a big role in one country and its economy. Even bitcoin has a good value of it will remain as a cryptocurrency as the government doesnt legalized lit.

[thet]

I don't think so, more of the population of the world are currently using fiat. They are not yet aware of bitcoin and how to use it. I guess people will be needing much awareness about bitcoin before it happen.

[expless]

Real estate, gold, bitcoin, ethereum can be considered as a real wealth. For example, if you have a house, or a lot of blocks for rent,  you are rich man, landlord, on the contrary,  fiat money are just paper sheets, their value can be lost at any moment with stupid political and economical moves.

You said it.  Fiat or paper money are not reliable because they totally control by our governments and please can change the fate of paper money any time according to their Desires or needs. As compared to this Bitcoin and alternative coins can be trusted because we are the sole owners of our digital assets and nobody can interfere in it. Definitely this feature will destroy fiat someday in the future.

[resty]

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 the extinction of our fiat money is surely possible but it takes a long period of time. We all know that we are now in the digital world so our currency also. We can easily access crypto thru the internet therefore internet plays a big role to our country. There are still countries in the world who has slow internet connection so it will be a serious problem.

[santieevanz]

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

I don't believe that fiat currency will be crashed because there are some countries who still accepting the digital currency like bitcoin that can be used for trading, investing and transactions. The fiat currency is very powerful to the specific countries which is controlled by the government.

[googs84]

Fiat currency has long history. It is most easily convertible/exchangeable currency. Almost every country of the world has its own fiat currency. Digitally advanced countries are still keeping their fiat currency intact. Fiat currencies are easy to exchange in any part of the country. There are many countries in the world whose economies are disturbed due to civil war or by economic problems, in such countries fiat currencies plays a vital role. So fiat currencies will never disappear from the world, they will be in working somewhere always.

[DRVX]

I suppose everything is possible, but Fiat cash will be not crushed for at least 5 years. However, I have heard that Americans are serious to offer Phoenix, the cryptocurrency that can be used globally. This might be the first sign of traditional money instability. 

[naidray]

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

Fiat will never be crashed or gone. Bitcoin is powerful because of fiat currencies. We know that bitcoin's price became higher because of its value in dollars. Without fiat, how can we monitor Bitcoin's price? We have to admit that we cannot use Bitcoin today if we don't use fiat because we use fiat currencies in our country. Fiat currencies are foundation of economy of a country so it is impossible to be removed and be replaced completely by Bitcoin.

There are some reckless and hash policies by the government that can cause fiats to crash which can make people to totally lose all confidence in the fiat system.

Take a look at Zimbabwe and how the Zimbabwean Dollar crumbled and then you will understand that is very possible for fiats to crash. So, if anything goes wrong with the way the government of most countries have been doing things, then the possibilities of fiat crashing is possible.

[Digital Mutant]

I don't think it can crash...
the reason is that tech is everywere and cryptocurrencies are at the base of the financial structure of many startups that are building our future in therms of fast transactions, better quality control, new tecnologies in thousands of sectors, millions of people working in crypto industry....