Post
Topic
Board Economics
Re: If bitcoin price is $10.000, will fiat be worthless?
by
kyanscadiel
on 22/12/2017, 10:19:33 UTC
In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
Fiat will never be worthless. Fiat is what we use in our daily lives for our everyday expenses, even if Bitcoin hit the higher value Fiat will never be worthless at all. We can always use Fiat anytime we want and we can even buy a cup of coffee in any coffee shops paying for cash.