Financial Writers Predict Fiat Dollar Will Collapse and Rise Crypto

[Chashguhs]

Fiat money won’t be leaving us anytime soon that I can guarantee. And credit/Debit cards are here to stay for while too. Even if bitcoin is accepted as a mode of payment, people will still use fiat money. Even if bitcoin isn’t accepted as a mode of day to day payment, people may pursue it as digital gold. Collapse of such a huge economy will surely hurt different parts of the world.

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[Zifu2018]

Just because he is a writer of a bestselling book I wouldn't take his words for granted. Cryptos definitely have the potential to turn up as an substitute of fiat currencies but honestly, I don't believe it is so easy to replace fiat that too USD which has the strongest structure among all other fiat currencies in the world. The scenario might arise in the distant future but right now, I don't feel there's a chance.

[Missterio]

I see a lot of different forecasts, but all these predictions are basically ordinary guesses that have nothing to do with reality.

[Candepoccus85]

Such prediction is not any surprise now a day. The recent mass adoption of the crypto currency as well as the bitcoin proves that this will happen very soon. The increasing adoption of bitcoin will make this to happen.

[regadly]

I'm a fan of such predictions. The dollar must give way to technological progress. Bitcoin is mass, anonymity, new opportunities.

[LimeFeline]

Cryptocurrencies in general are inflation resistant and printing US dollar don't affect them in any way, what Robert Kyosaki says might be true.

[buwad suka sili]

The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. "

https://www.youtube.com/watch?v=unvFvAUCZEU

Cryptocurrencies is a form digital money like credit card and people are likely enjoying in using credit card so maybe this will overtake Fiat money.

[capn]

The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. "

https://www.youtube.com/watch?v=unvFvAUCZEU

This is so strange for me to read all those positive news about bitcoin and see how it breaks down hardly I have thought that if we will see all those years then bitcoin should rise, price should be higher.

[zahardarya]

Everything is possible in this world! But, my opinion is that if this happens, it is not soon. Many countries do not accept bitcoin, and the us dollar is the currency of the world, all oil is measured in dollars.

[Impulseboy]

While that sounds enticing, bitcoin or other altcoins will have a hard time replacing fiat for good. Even if that eventually happens, it would not be until a decade or so. I can see bitcoin and other people co-existing with the US dollar and other currencies, but bitcoin will alsocontinue to rise; more and more people will use it eventually.

[Masatos]

perhaps. I'm reading very much now that in 2019 there will be a global financial crisis and our bitcoin

[CLAID]

No one knows what will happen and no prediction can be taken seriously due to the problems that crypto world has faced today from the outside world and more and more restrictions and regulations are coming against cryptocurrencies so only the time will decide what will happen

[SaShiRaJaVu]

The best-selling financial book writer "Rich Dad, Poor Dad" said Bitcoin would replace the US dollar, which he called "counterfeit money." In the April Sane Crypto podcast, author Robert Kiyosaki said the practice of printing more money in America was to create bubbles that would explode. "I think the dollar is toast because gold and silver and cyber currencies will take it," he said. "The US dollar is a fraud. I think we are watching the end of the dollar. "

This can be said against every currency in the world, there is no gold standard anymore and the governments are printing money as much as they want and the blockchain technology has the solution to counter it and make it more transparent, with this said we are yet to see any regulations coming up from major countries regarding how this market will be controlled and i am sure the governments will be imposing strict rules to make things harder for the investors.

[rabinot]

people say that the dollar is a fraud in the same way they call fraud and bitcoin. who and what to believe in?

[Nilda]

Cryptocurrency can coexist with just about anything out there. No need to wish
for something to disappear so that another can rise. There’s enough room for everyone. The more, the merrier.

[3acaga]

There are a lot of experts, writers and even science fiction writers who try to control our thoughts and conclusions.
Dolar still will live very long, believe me ...

[faithofb]

Crypto currency is grthing huge fame which is in turn leading to creating problem for bitcoin. More so all this write up and prediction in favour of bitcoin against dollars. 

[SoliDCoiNs777]

"I totally agree with them that cryptocurrency is threatening the US dollar. Those days
not so far, when we can go anywhere and buy anything with a cryptocurrency and that
time cryptocurrency maybe the threaten for the US dollar.
"

[goldencrypto7100]

"It's true but it's really hard to believe in this current setution. Many people don't know
about crypto world and they don't trust about it.
"

[jamesbondbd007]

Us dollar is a fiat currency. I think if the dollar collapses, there will be the rise of cryptocurrency and the fiat currency will collapse from something like inflation, hyperinflation etc factors.