Re: If bitcoin price is $10.000, will fiat be worthless?

I don't think so, bitcoin price will not affect the fiat, even the price of bitcoin reach $100.000, fiat still worth and many people still using fiat. Bitcoin will not affect fiat.

yes it is not such an easy job to make fiat worthless, actually the number of people using bitcoin is very low therefore most of the people are still using and depending of fiat, therefore fiat cannot be made worthless in recently.

The fiat will always be supported by the government. That is a good way to exploit the people with inflation.

I don't think whatever is the price of bitcoin is going to be still fiat is going to be there and not going to be worthless. And besides the people are used to use fiat money and not with bitcoin. So even bitcoin is going to reach $1,000,000 then that is not going to make fiat worthless because not all the people on Earth knows bitcoin.

Yeah and even if bitcoin touches that price people will still prefer to sell them and convert to fiat so I don't think that fiat is going anywhere and the first choice of people will always be fiat.

I think also fiat is going to stay cause the foundation of fiat is just too big and they exist way too long to just be extinct.
But bitcoin can be a very big competitior of fiat ofcourse.