Post
Topic
Board Economics
Re: it is possible fiat currency will crashed?
by
andriarto
on 10/11/2018, 03:00:44 UTC
I heard Robert Kyosaki is talking about the crashed of FIAT CURRENCY? when this thing will happen? how are we going to respond?

No one can determine when will the fiat currency will crash down. Fiat is the currency that is being regulated by most countries around the globe and are protected by the by laws of each countries. I think it would only crash if the governments mandates not to use the fiat anymore.
if it falls, it is only part of the country that experiences it, as in Venezuela, where such fiat currencies have no value, because of the severe economic crisis, so they finally turned to cryptocurrency