Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
Rustamm
on 05/11/2018, 05:29:08 UTC
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?
National money of the states will not disappear anywhere. They will exist as long as the states themselves exist. States will sweep away anyone who tries to hinder the circulation of their local money.
On the other hand, a decentralized cryptocurrency can never replace the national money of the states, they are simply not adapted for this. First of all, they have no interaction with the state economy and have very high volatility.