Bitcoin can save the USA and dollar - page 3.

Velemir Sava

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Quote from: DrBeer on December 01, 2023, 11:00:07 AM

Simple question - why would the US want to do this ?

Why would the U.S. raise some bitcoin that it does not "produce", thus raising the stocks of countries where bitcoin is generated or accumulated in large volumes ?

At first glance it leads to what you said, but my question is one DrBeer, how Bitcoin will perform in the next few months.??

avikz

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Quote from: Waldorf77 on December 01, 2023, 07:12:26 AM

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Too much of daydreaming!

Ok here's the deal! If a nuke war happens and all major countries evaporate, we will elect you as the president of the world and you will then implement this rule of restricting fiat for export/import businesses.

Because otherwise I don't see it happening and even if it's happening, I don't see it solving the inflation issue. It needs a completely new world order.

DrBeer

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Quote from: Waldorf77 on December 01, 2023, 07:12:26 AM

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Simple question - why would the US want to do this ?

Why would the U.S. raise some bitcoin that it does not "produce", thus raising the stocks of countries where bitcoin is generated or accumulated in large volumes ? The dollar is demanded by the whole world, and in fact any amount of dollars will be absorbed by the WORLD economy without problems. At the same time, the U.S. will quietly, and only for its own benefit, print more dollars, as much as they need. At the same time, bitcoin reserves are limited, and bitcoin has no concept of an additional mission, which means that it will not be easy to cover any needs.
Bitcoin does not provide any advantages for the economy, and every country has the interests of its budget and a CONTROLLED (CENTRALIZED) financial system in the first place....

Antotena

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Quote from: Waldorf77 on December 01, 2023, 07:12:26 AM

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.

Why don't you guys talk about what will happen when the price of bitcoin goes down? Don't you see that other commodities and stocks goes down in value and the government are always helpless on how to recover them, when bitcoin goes down, the economy will be in big trouble because the volatility will bring them Bach to worst era they are trying to avoid for the past 170 years.

Bitcoin is a great asset I really believe in butnits very constrain to some adoption because it's decentralized which is very great but the government don't like anything they can't control, they don't want to invest into asset that will be threaten by external country.

Quote

Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Stablecoin are synonymous to fiat, it's nothing different from what we have before but maybe there could be some place where bitcoin can help elevate the economy maybe adding it to the country external reserve and hold some but it can't be directly be a main subject of the government, it wouldn't work and I don't even want it that way because everything about bitcoin will be of the government and that is centralization era.

el kaka22

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So you are telling them to get rid of the power of being able to print money whenever they want? I mean if they print money and buy bitcoins with it, that means they will have a limited source of bitcoin, they can't buy it all, which means that they will have a finite amount, whereas the dollar printing has absolutely no limit, they printed like %50 of all dollars in the last 5 years, isn't that the power they need?

I mean it looks like inflation and terrible but they are still doing better than most, their parity against other currencies of the world is still quite strong and even after printing that much they are still not losing any economical power. So, they know what they are doing when they print. If they printed a lot and inflation ruined them and they did terrible then I would say that was a bad idea, but they print and still keep their power which means that they did had the leeway to print that much and doing fine with it as well.

benalexis12

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If the US has a lot of Bitcoin holdings, maybe they can really survive or save the dollar. But if they print a lot of dollars, for sure, when there is too much, they will have problems because the value of the US dollar may fall when that happens. You get what it means.

The more they print money, the circulation of their supply of dollars will obviously increase, and this will lead to the problem of inflation. When this happens, the goods in the market will not be able to increase again, and there will be great pain and problems. It's back to the people.

DeathAngel

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The US could definitely buy a lot of Bitcoin to hedge against loss of purchasing power (which has been done because of their reckless spending, money printing & fiscal policies). Will they do it though, I am sceptical. The last I saw, the US was selling large amounts of Bitcoin that they had ~~stolen~~ confiscated from Silk Road & other illegal schemes.

Waldorf77

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Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

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