jcarlo
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September 08, 2018, 12:36:38 AM |
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What about the USD? Isnt America the leading country that have the biggest debt in the federal reserve bank? If so, would that be that the country is at risk of economic crash? Or NO?
Fiat money always lossing purchasing power value. $100 value in past ten year different with $100 this year because inflation. Its happen because central banks always print paper money and its happen in every country in the world
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Sectedmn
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September 08, 2018, 10:12:13 AM |
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Its impossible that fiat foreign money will crashed out because it's miles the primary currency of human beings ever due to the fact. greater human beings is comfort of the usage of the fiat currency. however im certain extra humans use virtual forex nowadays in distinctive sort of paying bills and other transactions.
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Nnedaddy1
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September 08, 2018, 11:04:02 AM |
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It will be difficult or almost impossible for fiat currency to crash.,.. reason being that fiat currency can be likened to the vehicle through which the globe socioeconomic activities progress.
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Changadithethor
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September 12, 2018, 07:46:56 AM |
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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.
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licensedcash
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September 24, 2018, 08:22:51 AM |
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I don't imagine that it is workable for the fiat cash to smashed on the grounds that a great deal of governments and furthermore the steady government authorities are supporting the fiat money since from the begin so I think it resembles an outlandish plan to surmise that the fiat will slammed. It will require a considerable measure of investment and we require a major war keeping in mind the end goal to have an enormous monetary effect that can crash the fiat cash.
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Assface16678
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★Bitvest.io★ Play Plinko or Invest!
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September 24, 2018, 08:26:23 AM |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
If this is the case. If the fiat will crash, the people will probably not be fime with it at the first quarter. Bit probably people will start adopting into such changes. Especially today that there is crypto that will be the substitution to fiat, it has the same thing or characteristics but then cryptocurrency is much more better. Who knows what will going to the future. Lets all wait.
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ReneFigaro
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September 24, 2018, 10:04:29 AM |
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When the crypto market holds all e-commerce activity. Perhaps the currency is just a minor factor not worrisome.
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Jingjess
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The Pure Proof-of-Tansaction [POT]
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September 24, 2018, 11:20:47 AM |
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It will when countries embrace blockchain technology. When digital money will be used as mode of payments and do the role of fiat money. But it will take some time.
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policeoo
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“The Future of Security Tokens”
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September 24, 2018, 12:10:29 PM |
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I think that wouldn't be a case. Flat currency is powerful and still and yet very in need. You can't just simply erase it. It will be less in use for sure, because of crypto currencies for sure, but they will be still option paying in flat currency. It won't be completely crashed and I don't think it can't be crashed entirely.
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cryptjh
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September 24, 2018, 12:39:41 PM |
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History about fiat currency says all fiat currency will break down and be replaced by new fiat currencies, fiat system always build up dept and inflations. The low interest rate from the central’s banks shows that we are getting near the end for most Fiat systems. Most fiat currency system last around 70 years. That’s means most fiat currency in the develop world are about to expire, this can happens as soon as the next finance crisis hits. Crypto currency are still too new to we can see any pattern, about how long time they will last, I will be really surprise if any crypto currency can hold value and last more than 70 years but Bitcoins was invented to help when next finance crisis wipe out the old fiat system.
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nazaididuan1
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September 24, 2018, 01:17:48 PM |
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The legal currency is a manifestation of a national economy. There is no legal currency. It is difficult for ordinary trade and international trade of the country home to be carried out! Only the demise of the country can lead to the disappearance of legal tender!
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⮘Pre-ICO Start - 27.04.2018⮚ ⮘https://wbb.io/⮚
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CadieTom
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September 24, 2018, 01:26:40 PM |
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I don't think so because fiat is already existed for a long time and it helped maintain our economy. Unless we find better currency than fiat, it is too difficult.
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Gagah119
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October 02, 2018, 03:55:49 PM |
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I think it will take a long time for crypto to replace the dominance of fiat currency, because unclear regulations about crypto regulation make it a bit hampered.
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rathaha10
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io.ezystayz.com
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October 02, 2018, 04:39:14 PM |
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I don't think so because fiat is already existed for a long time and it helped maintain our economy. Unless we find better currency than fiat, it is too difficult.
People talk about Cryptocurrency taking over Fiat currency. Today this is not possible, because still a lot of people prefer their Euros instead of a online coin. Let me give you a example old people now prefer to invest in Gold and silvers, because they are used to it.
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Himanshu111
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October 02, 2018, 05:53:45 PM |
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I don't think so because fiat is already existed for a long time and it helped maintain our economy. Unless we find better currency than fiat, it is too difficult.
People talk about Cryptocurrency taking over Fiat currency. Today this is not possible, because still a lot of people prefer their Euros instead of a online coin. Let me give you a example old people now prefer to invest in Gold and silvers, because they are used to it. No this cannot be possible at all this is because Fiat currency is being used by all the people of the world.All the transactions all over the world are done through the Fiat currency only.It is accepted internationally.It is also backed by central banks and governments as it is centralised.It can be used anywhere and anytime unlike some digital currencies which require internet connection and some basic knowledge to get operated.Fiat currency is established from the traditional time period.
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Violettochka
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October 02, 2018, 06:34:59 PM |
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Fiat currency is what makes up all our economy, we can't just destroy it and live only with digital currency. It's not possible.
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normanz
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October 02, 2018, 07:44:40 PM |
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Fiat currency has been used for a long time, and fiat is also a legal medium of exchange and is also controlled by the government. Fiat will not fall, and I think Fiat will be able to survive in the long run.
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HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
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aalborg
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October 02, 2018, 08:10:04 PM |
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I was on Robert's seminar 5 years ago,but that time he didn't even mention digital currencies. Well, speaking about future of digital currencies, I would say that crypto can easily replace fiat money thanks to decentralization and simplicity, low fees and transborders payments. I don't even know when it will happen, but I bet it will be sooner or later and eventually crypto will defeat cash. As for me, I am passionate blockchain adopter and I try to increase quantity of my crypto payments in ordinary life
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Chrystora123
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Omicron is another FUD
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October 02, 2018, 08:44:08 PM |
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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 I think it's impossible to crash, why? because fiat currency is needed and indeed it is legalized as a legal currency and payment instrument... even though from year to year Bitcoin will get bigger and more interested, fiat currencies will still not crash.
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Rustamm
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Bitcoin lover!
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October 02, 2018, 09:07:03 PM |
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I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
Fiat cannot disappear due to the fact that the cryptocurrency will replace it. Cryptocurrency is simply not capable. A decentralized cryptocurrency will be widely used by people, but not by states or its organs. Moreover, not all people will want to switch to the use of cryptocurrency, many will simply not be able to do it. Decentralized cryptocurrency, non-cash and cash will run in parallel with each other.
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