it is possible fiat currency will crashed?

[Rufsilf]

Fiat currency will not crashed because there is no huge threat for the fiat and the cryptocurrencies or digital currencies will never become a threat for the fiat currency because they have so much different in use and the digital currencies doesn't have infinite supply so it is very limited to replace the fiat currencies.

[tbterryboy]

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.

You can expect anything to happen in this world. As far as crashing of paper money is concerned, I don’t really think so that it is possible. It is because of the reason that there are number of people who are using paper money, In fact all of us are using paper money and that too since quite a long period of time. Paper money has its own reputation in this world and it will never crash.

[Urbanbypas]

In the next 10-15 years, the national currencies will not disappear. The world standard of money is the US dollar and it will be so for a long time. Bitcoin will be actively disseminated as a means of accumulating capital and an object for investment. But he can not displace the fiat currencies.

[fasdorcas]

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

Well I have a little different opinion for this scenario after watching movies like “Geostorm” and “Ghost in the Shell” plus reading about the Blue Beam project and HAARP, I have a vision that the world is going to be a digital world in all aspects how is this possible that the paper money will be not replaced by digital money? One day, don’t know near or far or far away, humans will have a cashless society.

[crustez00]

I personally don't think that FIAT will crash, because of the monopoly of bank in many region is too strong and will make people keep using this FIAT no matter what. and the development of regulation to digital currencies itself is still on going. when its completed, then FIAT i think will be fine. #CMIIW

[Getcoinsite]

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

Nope it will never gonna happen cryptocurrency may dominate the
usage of money system either physical or virtual,but the fiat will
always be there for emergency situatiom what if theres an electricity
problem or power interruption or loss of internet maybe,what will
happen to all the transaction!?

Thats the reason why the Physical money or Fiat will always remain
and wont ever crashed away by virtual money

[randal9]

I am sure that Fiat will always be on par with the cryptocurrency, because they occupy a little different places in the economy...the fiat is available to everyone and people won't risk abandoning it, and the cryptocurrency is still not stable

[sampalokmix]

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 no, it will never create a good future for us, it will end up the gane being cebtrakuzed and the loss will occur to our side. If we are not good enough to their standards they may hold or your profits as your punishment.

[sampalokmix]

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 no, it will never create a good future for us, it will end up the gane being cebtrakuzed and the loss will occur to our side. If we are not good enough to their standards they may hold or your profits as your punishment.

[bribed]

If Fiat will crash, which I dont think is likely to happen, than it wont be replaced by crypto. Crypto is in too early stages and is not ready for global usage. I also dont see crypto as a thread to Fiat currently. But lets wait what the next 20 years bring, there will be big changes in global economy, Im certain of that.

[aoihs00]

Im sure fiat can not crash any time. How cold it be crashing if it is backed up with the national treasurer and it is being operated as centralised way. Government can print any amount of money they want in first place if they thought that its crashing in the market. If the supply is not problem then they can increase the prices of products and services throughout the nation, they can incur more tax during the period of recession if any to refill the treasurer wallet.


I mean they will always have the way around to keep up the pace of fiat currency and have it valued always. The demonetisation isn’t probability for the fiat for sure.

[congresowoman]

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

This is impossible because fiat money is there eversince trading started. Everything was bulit with paper money or through paper money. If this is so, then I think Gold will also lose its value. Cause I remember, fiat is equated to value in gold for it to have value. If so, will cryptos be equated in gold also?

[Dondon1234]

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

Typically in my own understanding and my stock knowledge about fiat currency, I can say that, fiat is always crashing and if you know inflation, that's how fiat are crashing, but it can also be alive when the economy of a country is getting stronger. You have to respond on this thing on a positive way and also on a positive and good manner. I can say also that the fiat currency is very powerful to the specific countries which is controlled by the government. And fiat have a big role in one country and its economy.  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..

[Zuilhsa]

There is no possibility for fiat to be crashed because every country uses the fiat money. It determines the wealth and economy of a country. Governments can print money according to their needs, eventhough many crypto currencies evolve the fiat money remain alive.

[cheann20]

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.

I cant imagine this things will happen, but in everyday life of 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. 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,

[benj_pirate]

The history demonstrated that all the fiat currencies crashed at some point and they are unstable by nature - they are only backed by the government decision to declare it legal and maintain the illusion of value. So I think it might crash one day. But I don't see it happening before 20+ years

[fruitjay]

That only thing sure on fiat money is that throughout the centuries, it hits a specific high and low but it somehow never crashes the way most people would imagine.

[Flowzer]

very likely fiat money will fall because the use of fiat money is very difficult. not easy to carry and used transactions. different digital money demands that always change the price and provide benefits for the owner. as well as easy way of transaction by using online wallet. it's very easy .. you can carry as much money using a wallet on your smartphone.

[charmaine08]

I think no , cause we used fiat ever since so it is possible that it will be crashed ,

[vidprab5]

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.

I guess we just have to wait and see. I am not an economist but I want to believe that only manipulations and the fact that the governments have placed an illusion of value on the currencies is what is keeping them now. I am pretty sure with the evolution of currency, a lot of things will even be changing and for those who think fiats cannot crash, then we will see who ends up right. Moreover, fiats have crashed in the past if you just visit Google.