Dollar coming to an end - page 22. | Bitcointalksearch.org

Baitty

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Currently held as collateral by monbux

Quote from: troisky on August 08, 2014, 11:27:21 AM

Quote from: Yakamoto on August 08, 2014, 11:16:48 AM

Quote from: troisky on August 08, 2014, 10:56:36 AM

they've been saying this for ages now Huh

Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD.

yeah but when? thats the thing, we going on liket his for ages.

That's the real question I don't think anyone would be able to predict the end of USD and I don't think it's going to be for many many years.

polynesia

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Quote from: Yakamoto on August 09, 2014, 10:01:28 AM

Quote from: ?? on ??

no body in the world can makes dollar collaps all country real money its dollar and gold .
not will effect anything .

Wtf is this...

Yeah, if you live in the United States, and are using the USD as your main currency, or are on welfare/foodstamps/whatever, the dollar collapsing would be a massive and shock to the populace, as the value with plummet, prices would go up, and most of the world economy would be screwed.

China has gold, US has little. Fort Nox isn't loaded like it once was, it's pretty empty now.

"Real" money, according to your government, is the paper money. Gold has no place as real money, according to gov'ts. It's just a means of taxation and storing value.

The dollar collapsing will affect everything, especially people with a minimal education.

Spelling will be a valued trait in the future, especially in America. Judging by the education system, it will continue to be valuable for many years.

The dollar collapsing will force the US to correct its trade deficit.
In the long run, that is probably good for the world. Cheesy

Yakamoto

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Quote from: ?? on ??

no body in the world can makes dollar collaps all country real money its dollar and gold .
not will effect anything .

Wtf is this...

Yeah, if you live in the United States, and are using the USD as your main currency, or are on welfare/foodstamps/whatever, the dollar collapsing would be a massive and shock to the populace, as the value with plummet, prices would go up, and most of the world economy would be screwed.

China has gold, US has little. Fort Nox isn't loaded like it once was, it's pretty empty now.

"Real" money, according to your government, is the paper money. Gold has no place as real money, according to gov'ts. It's just a means of taxation and storing value.

The dollar collapsing will affect everything, especially people with a minimal education.

Spelling will be a valued trait in the future, especially in America. Judging by the education system, it will continue to be valuable for many years.

abora

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Really captivating write up but the Dollar isn't depreciating that fast.

picolo

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Quote from: pungopete468 on August 08, 2014, 09:50:42 PM

It's not going to be an easy 20 years and it will become increasingly difficult as time goes on...

The death of the dollar is would only bad for the USA if it weren't for the fact that many other world powers have adopted the same nonsense. World economies are bound by a form of "natural selection" where the strong survive and the weak perish...

Fiat is like a plague, and the powers of the world voluntarily infected themselves. Now it's up to nature to do what nature does...

The desmiss of the Dollar will be great for other countries and other currencies because they will not have to pay the price of the US Dollar being the reserve currency; the US will not accept the end of the egemony of the Dollar easily : wars, manipulations and lies will be out but let's hope it won't end up in a nuclear war

polynesia

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Quote from: pungopete468 on August 08, 2014, 09:50:42 PM

It's not going to be an easy 20 years and it will become increasingly difficult as time goes on...

The death of the dollar is would only bad for the USA if it weren't for the fact that many other world powers have adopted the same nonsense. World economies are bound by a form of "natural selection" where the strong survive and the weak perish...

Fiat is like a plague, and the powers of the world voluntarily infected themselves. Now it's up to nature to do what nature does...

Yes, the other world powers have adopted it. Once a barrel of oil stops being denominated in USD, I guess you could say the dollar's hegemony is over.

pungopete468

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It's not going to be an easy 20 years and it will become increasingly difficult as time goes on...

The death of the dollar is would only bad for the USA if it weren't for the fact that many other world powers have adopted the same nonsense. World economies are bound by a form of "natural selection" where the strong survive and the weak perish...

Fiat is like a plague, and the powers of the world voluntarily infected themselves. Now it's up to nature to do what nature does...

polynesia

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Quote from: Yakamoto on August 08, 2014, 11:29:28 AM

Quote from: troisky on August 08, 2014, 11:27:21 AM

Quote from: Yakamoto on August 08, 2014, 11:16:48 AM

Quote from: troisky on August 08, 2014, 10:56:36 AM

they've been saying this for ages now Huh

Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD.

yeah but when? thats the thing, we going on liket his for ages.

Max 20 years.

The gravy train is primed to end, and China isn't happy with the USD. Plus, BRICs is launching soon...

So the US politicians have 20 years to correct this situation.
Reasonable time to prevent a crisis, I would say

Yakamoto

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Quote from: troisky on August 08, 2014, 11:27:21 AM

Quote from: Yakamoto on August 08, 2014, 11:16:48 AM

Quote from: troisky on August 08, 2014, 10:56:36 AM

they've been saying this for ages now Huh

Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD.

yeah but when? thats the thing, we going on liket his for ages.

Max 20 years.

The gravy train is primed to end, and China isn't happy with the USD. Plus, BRICs is launching soon...

troisky

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Quote from: Yakamoto on August 08, 2014, 11:16:48 AM

Quote from: troisky on August 08, 2014, 10:56:36 AM

they've been saying this for ages now Huh

Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD.

yeah but when? thats the thing, we going on liket his for ages.

Yakamoto

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Activity: 1218

Merit: 1007

Quote from: troisky on August 08, 2014, 10:56:36 AM

they've been saying this for ages now Huh

Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD.

troisky

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Activity: 70

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they've been saying this for ages now Huh

polynesia

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Quote from: leex1528 on August 08, 2014, 07:20:05 AM

Quote from: aminorex on August 07, 2014, 01:19:37 AM

You would almost certainly be better off carrying them and buying bitcoin instead.

You have no idea just as much as I have no idea:) Plus paying off loans early you save so much money in interest...

What if the US decides to tax the crap out of Bitcoins in the future, what if BTC plummets to less than a dollar per BTC. When I am pumping money into my loans and paying them off early it is the only thing guaranteed to save me money.

Agree. Leverage is risky. It is better to pay off your loans, and have a small position in bitcoin.

Ayers

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Leading Crypto Sports Betting & Casino Platform

i think thath bank can maybe come up with their own currency before dollar collapse or bitcoin take off

Yakamoto

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Quote from: leex1528 on August 08, 2014, 07:20:05 AM

Quote from: aminorex on August 07, 2014, 01:19:37 AM

You would almost certainly be better off carrying them and buying bitcoin instead.

You have no idea just as much as I have no idea:) Plus paying off loans early you save so much money in interest...

What if the US decides to tax the crap out of Bitcoins in the future, what if BTC plummets to less than a dollar per BTC. When I am pumping money into my loans and paying them off early it is the only thing guaranteed to save me money.

It's better to pay off your loans ASAP IMO, Bitcoin can wait. Not to spread fear, but Bitcoin is pretty unpredictable, so everything could go well, or very, very bad.

The US can't tax Bitcoins, they can only tax the fiat exchanges. Since Bitcoin is decentralized, and pseudo-anonymous, actually tracking owners would be a pain. A huge pain. And as companies start accepting Bitcoin for basic necessities, they'll have a harder and harder time enforcing taxes on the public...

leex1528

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Quote from: aminorex on August 07, 2014, 01:19:37 AM

You would almost certainly be better off carrying them and buying bitcoin instead.

You have no idea just as much as I have no idea:) Plus paying off loans early you save so much money in interest...

What if the US decides to tax the crap out of Bitcoins in the future, what if BTC plummets to less than a dollar per BTC. When I am pumping money into my loans and paying them off early it is the only thing guaranteed to save me money.

wealthy$

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it does not really mean anything to me, so far is not bitcoin.

aminorex

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Sine secretum non libertas

Quote from: leex1528 on August 05, 2014, 10:40:27 AM

Quote from: Yakamoto on August 05, 2014, 10:19:39 AM

Alright. We'll see how much your dollars are worth later.

They would be spent, so they would be worth nothing:) I am trying to pay off my student loans so I don't have to pay them off the next 20 years of my damn life..

You would almost certainly be better off carrying them and buying bitcoin instead.

leex1528

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Quote from: Yakamoto on August 05, 2014, 10:19:39 AM

Alright. We'll see how much your dollars are worth later.

They would be spent, so they would be worth nothing:) I am trying to pay off my student loans so I don't have to pay them off the next 20 years of my damn life..

Yakamoto

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Quote from: Possum577 on August 05, 2014, 12:19:13 AM

What currency would take its place immediately?

I know BTC works for us but the World's governments aren't going to just adopt it...

Probably the Chinese Yuan.

Yeah, the governments aren't just going to accept Bitcoin being placed as the reserve. It will be far more lengthy and complex to get it to the status, unless the change happens a long time in the future. Bitcoin would have to be pretty widely accepted at that point.

Quote from: leex1528 on August 05, 2014, 10:14:21 AM

For those of you who think the dollar is coming to an end ,I will gladly trade you all my bitcoins for dollars, well over the exch rate:)

Alright. We'll see how much your dollars are worth later.

Topic: Dollar coming to an end - page 22. (Read 34981 times)