Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
aeternus
on 09/02/2018, 23:53:14 UTC
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
The is no way that fiat currency is going to get crashed, the only way that this is going to possible is when the economies of the various countries associated with their currency gets crashed, And am sure that when the economy of a country gets crashed or goes into recession, its going to affect the entire world, and cryptocurrencies are not going to be spared either.
But the difference is that bitcoin and crypto will not be associated with those currencies, yes bitcoin is linked to the dollar but if the dollar begins to fall people will look for ways to retain their purchasing power most will choose gold and hard assets but with cryptocurrencies around it is logical to think a new generation like us will choose crypto as well.