Bitcoin Forum
March 29, 2024, 11:49:45 AM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 »
  Print  
Author Topic: it is possible fiat currency will crashed?  (Read 8744 times)
jcarlo
Member
**
Offline Offline

Activity: 798
Merit: 10


View Profile
September 08, 2018, 12:36:38 AM
 #801

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
1711712985
Hero Member
*
Offline Offline

Posts: 1711712985

View Profile Personal Message (Offline)

Ignore
1711712985
Reply with quote  #2

1711712985
Report to moderator
1711712985
Hero Member
*
Offline Offline

Posts: 1711712985

View Profile Personal Message (Offline)

Ignore
1711712985
Reply with quote  #2

1711712985
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1711712985
Hero Member
*
Offline Offline

Posts: 1711712985

View Profile Personal Message (Offline)

Ignore
1711712985
Reply with quote  #2

1711712985
Report to moderator
Sectedmn
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
September 08, 2018, 10:12:13 AM
 #802

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.
Nnedaddy1
Copper Member
Jr. Member
*
Offline Offline

Activity: 294
Merit: 1


View Profile
September 08, 2018, 11:04:02 AM
 #803

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.
Changadithethor
Newbie
*
Offline Offline

Activity: 73
Merit: 0


View Profile
September 12, 2018, 07:46:56 AM
 #804

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.
licensedcash
Newbie
*
Offline Offline

Activity: 12
Merit: 0


View Profile
September 24, 2018, 08:22:51 AM
 #805

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.
Assface16678
Full Member
***
Offline Offline

Activity: 1330
Merit: 133


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 24, 2018, 08:26:23 AM
 #806

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.

ReneFigaro
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
September 24, 2018, 10:04:29 AM
 #807

When the crypto market holds all e-commerce activity. Perhaps the currency is just a minor factor not worrisome.
Jingjess
Full Member
***
Offline Offline

Activity: 336
Merit: 100


The Pure Proof-of-Tansaction [POT]


View Profile
September 24, 2018, 11:20:47 AM
 #808

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.

policeoo
Full Member
***
Offline Offline

Activity: 420
Merit: 105


“The Future of Security Tokens”


View Profile WWW
September 24, 2018, 12:10:29 PM
 #809

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.

cryptjh
Full Member
***
Offline Offline

Activity: 532
Merit: 185



View Profile
September 24, 2018, 12:39:41 PM
 #810

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. 
nazaididuan1
Jr. Member
*
Offline Offline

Activity: 350
Merit: 1


View Profile
September 24, 2018, 01:17:48 PM
 #811

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!

⮘Pre-ICO Start - 27.04.2018⮚ ⮘https://wbb.io/⮚
CadieTom
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
September 24, 2018, 01:26:40 PM
 #812

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.
Gagah119
Jr. Member
*
Offline Offline

Activity: 295
Merit: 1


View Profile
October 02, 2018, 03:55:49 PM
 #813

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.
rathaha10
Full Member
***
Offline Offline

Activity: 616
Merit: 108


io.ezystayz.com


View Profile
October 02, 2018, 04:39:14 PM
 #814

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.

Himanshu111
Sr. Member
****
Offline Offline

Activity: 462
Merit: 250



View Profile
October 02, 2018, 05:53:45 PM
 #815

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.
Violettochka
Member
**
Offline Offline

Activity: 252
Merit: 12


View Profile
October 02, 2018, 06:34:59 PM
 #816

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.

normanz
Copper Member
Newbie
*
Offline Offline

Activity: 327
Merit: 0


View Profile
October 02, 2018, 07:44:40 PM
 #817

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.

HASHBON ROCKET
CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM
aalborg
Full Member
***
Offline Offline

Activity: 602
Merit: 100



View Profile
October 02, 2018, 08:10:04 PM
 #818

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
Chrystora123
Full Member
***
Offline Offline

Activity: 1414
Merit: 228


Omicron is another FUD


View Profile
October 02, 2018, 08:44:08 PM
 #819

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.

Rustamm
Member
**
Offline Offline

Activity: 532
Merit: 18

Bitcoin lover!


View Profile
October 02, 2018, 09:07:03 PM
 #820

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.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!