Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
jeromix
on 27/08/2018, 08:37:22 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.
yeah i could agree with you even Jack Ma the owner of the Alibaba group of companies with his notion on digital currency could not work at all times because there are certain scenarios that there will be power shortage so meaning we could not access internet the whole time that we will going to need some money. Aside from that there are areas also in some parts of a certain country where internet could not reached out. Definitely fiat could not be replaced by any digital currency.