it is possible fiat currency will crashed?

[zhanyiguai261315]

The possibility of a legal currency crashing!
The fiat currency powers and the people’s trust in the country endorse. When the country’s politics and economy have huge problems, the country’s credit will also be negatively affected, and the legal currency may collapse!

[ASHLIUSZ]

Fiat getting crashed due to the usage of cryptocurrency won't happen, because no government will allow this as well when such situations happen automatically hard restrictions will be put forth by the government. Fiat will continue its usage while bitcoin will serve as an alternate or as a new money.

[snaper14]

in order for it to happen I believe that the world has to experience a new crash where all the balances will be re distributed and planned again, only then the fiat can be crashed and digital money can replace it, in my opinion.

[Gdra467]

The less use of physical money may not necessarily mean that fiat is crashing. Fiat is getting digitized as the days go by but the value of that particular fiat currency is the same whether as a paper or coin or digital. Fiat however still has some problems such as outrageous charges and easily attacked by hackers, especially when it's digital. This is where cryptocurrencies become very necessary due to the highly encrypted technology backing these cryptos.

[yonjitsu]

Fiat currency is complete different from digital currency in terms of volatility. Fiat currency is a very stable currency that took a loon time to increase a very little of its value. With that, i don't think that fiat currency will really crash at all.

[DevilSlayer]

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

The government will not happen, I am sure that they will make a way where the Fiat money will not be crashed. Cryptocurrencies have still not enough power to defeat the fiat currency.

[renz0]

It's hard to tell.But in my opinion, I think it is impossible that fiat currency will crash down.It is because production of fiat money is backed up with commodities.When fiat money crashed what will happen with our commodities?How are we going to buy those thing since cryptocurrency are not yet fully utilize in purchasing our products.

[spongegar]

I highly doubt an economic system run all over the world for the pass 2 or so millenias and trusted by more people that i know of and is as stable as f*ck will actually collapse by a very young and very volatile currency. Maybe someday crypto currencies will be stable and strong but fiat will never be wiped out from the face of the Earth.

[tonyja2017]

It is normal for the world economy to be degraded by the economic war. It will soon rise again like the way the Cryptocurrency market recovers. The current world economy is in recession and the prices of the altcoins are sharply decreasing. This is an opportunity for us to buy altcoin and long term hold.

[Birin016]

Its not going to happen because cryptocurrencies are not know by all the people how can they crashed fiat so easily and beside on that we used fiat over a hundred years. I think this new era using crytocurrencies is an alternative way of payment but crashing fiat is not the ideal way to accept this modern kind of currencies.

[rightway00372018]

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 really think if this will happen because FIAT is commonly used by the people living in a country and no need for us to invest.

[MrKubemm]

I think paper money printing has rendered most fiat currency worthless, though that won't become obvious for a while. I think this is the reason that China and Russia are buying up so much gold - they will launch gold backed currency like we used to have. Then USD will lose its reserve currency status, and start its inevitable decline.

[validavi]

No, this is not going to happen, big economies will never let it happen. I understand that lot of value is inflated or not true but it will continue just as it had been in past.

[gareng1468]

fears of fiat occurred currency may happen because of the large and legitimate use of it, this part of the government's reason for some countries forbids the free flow crypto circles. Fiat currency will crash or deficit if many users swap it. this is why some countries allow crypto only for investment

[kisscoin]

The powers that be are trying to weaken the faith in cryptocurrency among ordinary people to master this sphere itself in maximum coverage. What prevents them from hiring Robert Kiyosaki to spread false information? - NOTHING! I believe in cryptocurrency and advise you. 

[matchi2011]

Its not going to happen because cryptocurrencies are not know by all the people how can they crashed fiat so easily and beside on that we used fiat over a hundred years. I think this new era using crytocurrencies is an alternative way of payment but crashing fiat is not the ideal way to accept this modern kind of currencies.

An alternate ways indeed for those who knows how to use the advantage of technology, innovation will grow more and even those who are not yet well  aware with crypto will also got the the chance to learn about this new system, but in the position where fiat will crashed it's far to think of that since the whole economy around the sphere still recognized fiat process.

[Alns]

I think it is not certainly will happen, because we are used to use the Fiat currencies for hundreds of years and this system is not that easy to overcome with new, especially unstable and unclear system of payments. Which are not able to regulate.

[xandra]

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

I do not agree with that ,FIAT money is a basic needs of human so I do not think so that it will crashed. Before digital currency made fiat is already exist every people are using it in daily lives also consider the fact that there are people who do no believe crypto currency also who do not know about it.

[emezh10]

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

Although there is nothing sure in this world, and anything may happen even in the most slimmest of chance. But, maybe that possibility may not happen at this time. That scenario would take a complete reform and amendment on the international financial structure and system.

[thetruth123123]

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 is not only possible, but this is unavoidable for us in the near future. Because the cash or Fiat currencies are already exhausted there resources. We need to evolve our economy system into something new and fresh. And cryptocurrency fits good.