How long will the fiat money system stay alive?

[emperorofcoins]

it will stay as long as there are governments...

For the records the average life of a fiat currency system is around 30 years. Now we have the petroldollar rulling the scene for 48years. This is an all time record that certainly will come to an end in 2014. China, Russia and India are already establishing bilateral agreement to trade in other currencies than dollar and the Est is rushing for gold like never before. I could write for pages why a global financial reset will occur, however don't want to get you bored.

Petrodollar is not a currency !

[Knapo]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

[emperorofcoins]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

LOL. you included yourself  ?

[Knapo]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

LOL. you included yourself  ?

Certainly I didn't include you, yet. Maybe one day... you are still young! (I hope, otherwise is very worrying)

[emperorofcoins]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

LOL. you included yourself  ?

Certainly I didn't include you, yet. Maybe one day... you are still young! (I hope, otherwise is very worrying)

Sure.. I will wait in the mean time for the pages that you can not write...

btw.. it will be lonely in your community. This community needs people who are open for discussion and not people who just kill it with empty accusations and arguments. The best solution for you is to design your own coin....

[Knapo]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

LOL. you included yourself  ?

Certainly I didn't include you, yet. Maybe one day... you are still young! (I hope, otherwise is very worrying)

Sure.. I will wait in the mean time for the pages that you can not write...

btw.. it will be lonely in your community. This community needs people who are open for discussion and not people who just kill it with empty accusations and arguments. The best solution for you is to design your own coin....

Sure, wait for the information to come to you. If you have the intellectual honesty of admitting you have no idea of what you're speaking about, go to do some research and come with some more interesting replies. Then I'll be happy to answer.

[emperorofcoins]

Petrodollar is not a currency !

Obviously I meant the US dollar, there is no petroldollar trading on any Forex exchange. You are focusing on irrelevant linguistic details and moving away from the content because you don't have arguments - but I'm still your friend and I will be happy if this discussion will make you do some research and learn new things. We need a strong community including economic and financial literate people.

LOL. you included yourself  ?

Certainly I didn't include you, yet. Maybe one day... you are still young! (I hope, otherwise is very worrying)

Sure.. I will wait in the mean time for the pages that you can not write...

btw.. it will be lonely in your community. This community needs people who are open for discussion and not people who just kill it with empty accusations and arguments. The best solution for you is to design your own coin....

Sure, wait for the information to come to you. If you have the intellectual honesty of admitting you have no idea of what you're speaking about, go to do some research and come with some more interesting replies. Then I'll be happy to answer.

I see.... you want me to give information ? That is your intellectual honesty ? ..... hehe thanks for the confirmation. Take a good advice: don't spread your intellectual honesty too much...  !!!! 

[dzarmush]

You must be kiddin, some people don't even have fiat money yet and 25% don't have cell phones

[zappadave]

I would give the dollar 1 to 5 years.  98% of it's value destroyed since the Fed got control of it, and soon to be speeding up to destruction.  Not sure if this will bring China and Russia down, as they are building up there gold stocks, as a hedge against the coming dollar collapse, with gold rising in response. I want to find somewhere safe to try and survive till the fallout is over.  And then spend the Nxt age with digital money.

Dave

[marcos]

What about this?

[Knapo]

What about this?

exactly, game over

[okaynow]

noope. not really.
a government foreseeing, investing or even trailiblazing in the future could very easily adopt a digital currency.
which they already have in the us, with that massive seizure a while ago.

Price of said digital currency would spike to infinity for a while. And if a mined currency was adopted, difficutly would spike too.
Can you imagine mining on a government scale?

[Knapo]

noope. not really.
a government foreseeing, investing or even trailiblazing in the future could very easily adopt a digital currency.
which they already have in the us, with that massive seizure a while ago.

Price of said digital currency would spike to infinity for a while. And if a mined currency was adopted, difficutly would spike too.
Can you imagine mining on a government scale?

Would be funny, unfortunately this is not a possible scenario considering the imminent (2014-2015) collapse of the US dollar and the time would be needed to adopt to such a solution, from educating older generations to use such a currency to technologically adapt each store to it, end so on... The time needed for this is much longer.

[FatalX]

It's in your collective interests to keep the government out of your currency for as long as possible. You've heard of "Let them eat cake!"? Let them consume paper.