Zurbuchen
Newbie
Offline
Activity: 67
Merit: 0
|
|
August 24, 2018, 03:40:17 PM |
|
i dont think so. It is impossible that the fiat currency will crashed. We all know that not all of us people can afford to have a bitcoin. We have to realized that fiat currency has a big influence in every currency and theres no way that they will allowed such things to go or happen.
|
|
|
|
kripkiki12
Member
Offline
Activity: 162
Merit: 10
|
|
August 24, 2018, 03:52:05 PM |
|
As one wise said once, anything is possible, but I do not see all FIAT currencies crushing anytime soon. Hopefully crypto makes its way but in short term, I would not worry about fiat
|
|
|
|
naturerock
Member
Offline
Activity: 133
Merit: 10
|
|
August 24, 2018, 03:55:02 PM |
|
Fiat currency already crashed in Venezuela and Turkey, its just a matter of time before it happens in another country. Even the United States is not safe because their money is no longer backed by the gold standard.
|
|
|
|
alexsandria
Sr. Member
Offline
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
|
|
August 24, 2018, 03:58:35 PM |
|
As one wise said once, anything is possible, but I do not see all FIAT currencies crushing anytime soon. Hopefully crypto makes its way but in short term, I would not worry about fiat
Fiat is too strong for cryptocurrency, i believe that almost all people over the world are using fiat so how cryptocurrency can crashed fiat, there is no doubt that fiat will always used by all people even in the future because fiat really needs by all people.
|
|
|
|
Visteryy
Member
Offline
Activity: 322
Merit: 10
|
|
August 26, 2018, 08:46:40 PM |
|
Maybe it will happen some day, but it takes at least 50 years.Well, or at least one biological generation.I mean, 25 years.Earlier this will not work for objective reasons
I think you have (reasoning) you. There will definitely be a basis for forming that milestone. I think the future will be approved and everyone will support it.
|
|
|
|
West0813
|
|
August 26, 2018, 11:05:23 PM |
|
Fiat currency will only crashed if all countries around the world start using cryptocurrency. And making cryptocurrency more safer that it is today.
|
|
|
|
Rossy Akbar
|
|
August 27, 2018, 05:36:30 AM |
|
I think it's impossible because what I know is fiat currency was the main currency and every single currency or digiital currency has their own profit with fiat currency. So I mean fiat currency was really important.
|
|
|
|
cahbagus555
Member
Offline
Activity: 756
Merit: 12
|
|
August 27, 2018, 08:29:42 AM |
|
I am believe fiat currency will crash and creating economic crisis. Fiat money system creating inflation and waiting for bigger crisis. Paper money always printed because government and central banks want economic growth but its creating high inflation
|
|
|
|
mikan111
Newbie
Offline
Activity: 117
Merit: 0
|
|
August 27, 2018, 08:31:28 AM |
|
Of course, it is possible, FIAT money is largely without any cover and sluice for government and stock exchange manipulation and the enrichment of the bankers!
|
|
|
|
jeromix
Copper Member
Jr. Member
Offline
Activity: 266
Merit: 2
Ako Bayot!
|
|
August 27, 2018, 08:37:22 AM |
|
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. yeah i could agree with you even Jack Ma the owner of the Alibaba group of companies with his notion on digital currency could not work at all times because there are certain scenarios that there will be power shortage so meaning we could not access internet the whole time that we will going to need some money. Aside from that there are areas also in some parts of a certain country where internet could not reached out. Definitely fiat could not be replaced by any digital currency.
|
|
|
|
mfyilmaz
Jr. Member
Offline
Activity: 82
Merit: 2
|
|
August 27, 2018, 08:37:30 AM |
|
I think that while cryptocurrency evolves and more and more people will use it fiat money will crash some day but I dont believe that this will happen in the next few years as some already said fiat is backed by the government and 100% of the citizens of each country use fiat while only a few million in the world use crypto.. so I think it is just a question of users and trust... most people dont trust their government and when they start to use crypto instead of fiat, fiat money is doomed and will crash for sure.
|
|
|
|
Flor1982
|
|
August 27, 2018, 08:44:48 AM Last edit: August 27, 2018, 08:57:13 AM by Flor1982 |
|
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
What particular reason that the fiat currency will going to crash? If the reason is that it will be supersede by Bitcoin then better forget it. Bitcoin is good as alternative investment only so that we could possibly earn more fiat for our actual spending and not all people will be able to use Bitcoin because it will require computer knowledge and internet in which not all nations and people have the capability to have because of poverty unlike fiat in which even children can use it instantly.
|
|
|
|
BigBos
|
|
August 27, 2018, 09:04:36 AM |
|
I am believe fiat currency will crash and creating economic crisis. Fiat money system creating inflation and waiting for bigger crisis. Paper money always printed because government and central banks want economic growth but its creating high inflation
if you ask about it, of course it can happen. well, it happens when fiat prices have decreased, it will cause an economic crisis, and cause a crashed effect. well, but so far, it has always been professionally completed by a team from the country.
|
|
|
|
lotsky123
Newbie
Offline
Activity: 112
Merit: 0
|
|
August 27, 2018, 10:39:31 AM |
|
Fiat currency has been established for many years already so I bet it won't crash that easily. It remains a currency to every country and crypto as a digital money which is an alternative money for our fiat money. Crypto is applicable only in online transactions and is not widely unlike fiat money wherein whosoever can use it anytime and anywhere as long as they can that cash in their hands.
|
|
|
|
theyRmose
Newbie
Offline
Activity: 128
Merit: 0
|
|
August 27, 2018, 11:13:46 AM |
|
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
who the person is, I first heard his name. I really don't trust the speculation that anyone did.
|
|
|
|
Theackdyo
Newbie
Offline
Activity: 27
Merit: 0
|
|
August 27, 2018, 11:19:38 AM |
|
Its impossible that fiat foreign money will crashed out due to the fact it's miles the primary currency of people ever due to the fact that. more people is convenience of the use of the fiat foreign money. however im certain more people use virtual currency today in extraordinary sort of paying payments and different transactions.
|
|
|
|
BorisVirla
Newbie
Offline
Activity: 101
Merit: 0
|
|
August 27, 2018, 11:25:23 AM |
|
It will be difficult to do this, since this system has been working for a number of years. But nothing is impossible.
|
|
|
|
Linhkej
Member
Offline
Activity: 350
Merit: 10
|
|
August 27, 2018, 11:45:02 AM |
|
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 think the currency will collapse. Bitcoin has many advantages, but paper money is easier to use than Bitcoin. Bitcoin can exist in parallel with currency but it can not be eliminated. People will not take risks for a new system that still has many shortcomings, but there are many advantages to hard to deny.
|
|
|
|
Angi
|
|
August 27, 2018, 11:50:02 AM |
|
If that happen what will happen? It is good for us to become cashless economy? maybe if will give good feedback but maybe also a bad comes out like those poor people will be poorer because even in the fiat currency there are lack how about in digital? it will give them changes?
|
|
|
|
TheClownSong
|
|
August 27, 2018, 12:36:50 PM |
|
Fiat currency has been established for many years already so I bet it won't crash that easily. It remains a currency to every country and crypto as a digital money which is an alternative money for our fiat money. Crypto is applicable only in online transactions and is not widely unlike fiat money wherein whosoever can use it anytime and anywhere as long as they can that cash in their hands.
Fiat currency system very fragile. Central banks always print money to help government boost economic growth. Its true its hard to be crash but with economic crisis always happen, i am believe peoples will distrust fiat money system
|
|
|
|
|