Post
Topic
Board Bitcoin Discussion
Re: Financial Writers Predict Fiat Dollar Will Collapse and Rise Crypto
by
dsaijz03
on 12/08/2018, 14:24:51 UTC
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
In my own opinion, it’s way too exagerated to say that crypto will replace fiat dollar because dollar is so prominent and stable in the world market. Crypto is volatile and some centralized coin in crypto make no difference, so dollar will still be the  main currency that people can depend on. However, eventhough the dollar more stable but crypto is still making it’s way to be known in the world market.