I found this quality topic on twitter and it all caught my attention. I have seen that fiat is the currency of the Government and Bitcoin is the currency of the people, Can the Government Crash? if so the people cannot Crash neither, because so many people are not making good business from the fiat than in bitcoin, which have provided so much job opportunities for users who are online. Fiat will be replaced soon by bitcoin.
Share your thoughts
i will agree that fiat is get to poor slow scheme if you compare the money you have 10 years ago you will know how the price of money drop
the price of goods rise and the value of money drops if you will save some cash today after 10 years it will not be worth the same.
Maybe you have a point but let's not blame all to the use of fiat money the poor and rich or the status of a person will depends on the person itself its the matter how they will handle their life, if from the start they study hard and finish school then they will have a wonderful living and if they can manage how to use fiat money then they will succeed, yes cryptocurrency is a lot faster to earn and more easier and convenient but let's think of this, the investment we use in crypto is from the fiat, right? So I guess they come hand in hand. In short, in my point is the status of a person will depend on how they will perform in their life.