it is possible fiat currency will crashed?

[Bitfling]

Fiat money always crash the value because inflation always increase. We know that central banks always print money from thin air and economic crisis always happen, we already know that many countries currency dont have a good value and i think its because they always print the money to boost economic growth

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[BennyK]

Fiat will crash but not any time soon as most experts anticipate. Fiat has got the support of the governments and because it allows for centralization, the governments draws power from it. Although Blockchain and crypto is the future, it will take a great revolutionary turn about for digital currencies like cryptocurrency to hit the mainstream adoption where it will be the only currency for trading.

[smile1218]

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

No one can determine when will the fiat currency will crash down. Fiat is the currency that is being regulated by most countries around the globe and are protected by the by laws of each countries. I think it would only crash if the governments mandates not to use the fiat anymore.

[andriarto]

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

No one can determine when will the fiat currency will crash down. Fiat is the currency that is being regulated by most countries around the globe and are protected by the by laws of each countries. I think it would only crash if the governments mandates not to use the fiat anymore.

if it falls, it is only part of the country that experiences it, as in Venezuela, where such fiat currencies have no value, because of the severe economic crisis, so they finally turned to cryptocurrency

[adamlillian]

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 believe in that. A great market like crypto can not fall apart just because of his words. We are just in the correction phase and the crypto market needs time to grow in the long run. We need to give it a confidence and make the market a bigger one.

[LieTOme]

everything can happen, no one can predict for sure the crypto currency can replace the fiat currency, but if we look at the functions and needs of the fiat currency economy it can still survive because of the strong user confidence if the crypto currency can do that and can function like fiat currency, I think it could happen, but I don't know when

[btcyoda]

I think it is impossible to crash the fiat currency because cryptocurrency is another form of money where we can do transactions very fastly without any mediator. So soon the government will start recognising the cryptocurrency as one of the payment methods.

[musharaf]

Fiat money will never be crashed and it is going through more advanced way and fiat is using for crypto currency too i like to say that bitcoin users are lucky and they have spent time in crypto so they can manage crypto and fiat, It is possible that crypto take over the fiat but that will need much time.

[BlueStackz]

Fiat currencies may collapse but it won't make fiat currencies disappear, there will still be many who use fiat currency for transactions because there are still many people who use fiat currencies and not everyone understands the use of currencies other than fiat currencies.

Not possible the least. Fiat is one of the most regulated currencies by the government and this is the reason that despite the devaluation in the value, it does not get the demand decreased.

Special cases like that of Venezuela have been around which were a combination of both hyperinflation and huge devaluation has resulted in a lowered demand for fiat but that is not the case everywhere. Fiat will only be out shined if the technology becomes as cheap as holding a note of one dollar that is accessible to all.

[marcelocoin]

I do not think fiat coins will collapse or end, we may have a world crisis season, but I do not believe in the end of all fiat coins in the world!

[yitzjoe]

Fiat currencies are guarded by monetary policy and foreign exchange, so to crash I don't think that will happen. but with the development of crypto they must continue to consider taking part because it is important for state stability and international relations between countries