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

For the bitcoin, you can just invest a certain amount of money every months. The price will rise in the long term.

That's sounds doable for an average investor, the good thing with bitcoin is that we do not need to raise a big amount of money because we can be eligible for investment, a little amount is already enough and we can do that on a installment basis which I believe would be easier for everyone.

bitcoin is rarely rising in long term but as far as i know bitcoin price are more often rising in just short term. the latest price rising also just happen in few days or weeks. these sign mean that bitcoin is definitely not for long term investment. even investing some money every months will be helping you to have some profit out of it

A few months ago when the first time I knew about bitcoin, the price was $400 but the price is $700 now. If bitcoin price reach $10.000 people will leave fiat, people are get saturated with fiat now. So bitcoin is have a big chance to replace it. But if bitcoin can not, I think people will still leave fiat/paper money becouse its obviously worthless unlike gold. My opinion is people will back to use gold or make revolution to use bitcoin.

Fiat has been proven to be stable for a longer period of time since we are still using it, maybe I will believe that some investors will transfer their money in bitcoin but not to do away with fiat, they still need fiat as more than 99% in the world population are using FIAT.