it is possible fiat currency will crashed?

[Daday23]

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

Its impossible to happen goverment dont let this crashes happen.

[PlusOne88]

I don't think that fiat currency will be crashed. What else could lead to its destruction aside from a war perhaphs? It has been a system used long ago and until now it has been the basis of describing the status of the governments wealth. The government created it to stay in balance and to just watch it getting crashed is impossible for me.

[tyronecoinbit]

I don't think that fiat currency will be crashed. What else could lead to its destruction aside from a war perhaphs? It has been a system used long ago and until now it has been the basis of describing the status of the governments wealth. The government created it to stay in balance and to just watch it getting crashed is impossible for me.

I totally agree with you mate. That is not really possible to happen. Even if there's a digital currency, and a lot of people are using it over fiat, still majority of the people prefer to use fiat over digital especially those people who don't have knowledge about digital currency, like those people in the province and illiterate people.

[Dofotonomo]

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.

[21BTC100ETH]

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

Fiat may never crash since it is backed by the government.

[Minh maluco]

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

[jarojak]

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

That is happen sometimes in every countries in this world.  I remember in my country, it takes the president out of office.  Right now, you can see Turkey, their economy is in danger.  It could affect the government too.

[Roni116]

I don't think that fiat currency will fall because fiat gets support from the government and has long been used as a method of payment by the community in the transaction process.

[Lodipetmalu]

I cant imagine the fiat currency will fall. Because, some expenditures cant be paid bu cryptos, best example were ordinary expenses that were were common and very petty in amount.

[yvesp110]

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

Fiat may never crash since it is backed by the government.

Yes but if we look at the market all things are clear to us that how people are loving use crypto currency more than fiat, people found crypto currency new forum of money, now I am sure bitcoin and digital currency is going to take the place of fiat and soon fiat will be crashed as we are supporting it and some governments has made bitcoin the legal currency so they are openly using it now instead of fiat, so I think as a currency crypto has bright future.

[Kita Kita]

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

I am supporting cryptocurrency but i dont think that the fiat will crashed because there are still many people are prefer to used fiat over than digital currency and i am sure that fiat or the real money will always exist in this world because it is more trusted by the people.

[thresher]

The question is it is possible? Well it is possible! But not at the moment, it will be in the future. It needs so much time to let all countries accepts and it needs a lot of advertisement and educating people how will it works.

Yes the possibilities are always there no doubt about it, but it is not going to happen so soon. In fact trend of using crypto currencies is increasing rom time to time which is decreasing the possibilities of crypto currencies to become dead.

[Indamuck]

We have already seen the hyperinflation disaster in Venezuela and Turkey is having a really bad inflation problem as well.  I do not trust fiat currency and I would only keep a small portion of my money in fiat just for daily spending.  Government spending has gotten out of control with all the debt, there is not enough money in the world to pay off all the debt on the books.

[mcabrito]

The question is it is possible? Well it is possible! But not at the moment, it will be in the future. It needs so much time to let all countries accepts and it needs a lot of advertisement and educating people how will it works.

Yes the possibilities are always there no doubt about it, but it is not going to happen so soon. In fact trend of using crypto currencies is increasing rom time to time which is decreasing the possibilities of crypto currencies to become dead.

Yes, you are right with this. The use of cryptocurrencies are increasing as days passes by even if the market is still not in good condition however for now and for the coming years I am sure that fiat currency will not crashed.

[zhanyiguai261315]

Recently, the legal currency of Turkey has collapsed!
Turkey issues a large amount of money, and then drives economic growth through real estate and infrastructure! Turkey’s inflation has gradually lost control, and as the Fed continues to raise interest rates, Turkey’s fiat currency has collapsed!

[Diablesfunis]

It is certainly possible as we've seen one in turkey but I don't think that all fiat will crash as the possibilities is really small, If you live in one of the country where the fiat is slowly getting weaker and weaker then it's best to convert your money to some kind of store of value like gold or maybe crypto although crypto is not a good store of value right now, that way you won't lose a lot of your money.

[kenlyresuello08]

Its hard to say those things we can't be ever know what's going on next. Just simply we can't predict future only god knows

[Ikay]

There are no possibilities that fiat currency will crash because this is a historical money that use for many many years why do people change that what we already have. well it is possible that to be together to expand the economy of a country.

[jeromix]

No of course because there are instances that crypto could not be use as a medium of exchange like those who are living in the rural areas. As we all know that internet some times do not work on this kind of area and the people means of living is farming. So the exchange need a physical medium like fiat currency.

[Baekhyun]

I don't think that will happen, Fiat Money still continues to dominate the financial system today. although crypto in the future is already mainstream and widely used, fiat money will continue to be needed as a means of payment.