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Topic: Dollar coming to an end - page 25. (Read 34981 times)

sr. member
Activity: 476
Merit: 250
July 21, 2014, 12:19:20 PM
#10
newbie
Activity: 28
Merit: 0
July 21, 2014, 12:18:28 PM
#9
I've said for almost 40 years now the USD isn't a fiat currency it's the Worlds Police Nuke Dollar

USA has big nuke stick and it polices the world.

Now Russia and China have big nuke sticks too, but both governments suck worse than the USA's

How about btc relocates to cayman islands

Then btc can have an area off limits to US police powers.

hero member
Activity: 784
Merit: 1000
July 21, 2014, 12:16:48 PM
#8
They call them revolutions because average people don't see them coming. I like his terse writing style, it's refreshing. He does tend to use run on sentences.

I agree with much of what he says, especially about Bitcoin becoming a reserve currency.

Yeah don't get me wrong, he made a lot of great points in there...However I will say that I don't believe he is 100% correct in trying to predict what will happen to the dollar.

I think bitcoin is around to stay...I don't have the high claims of it will be around 100,000 per bitcoin(hey I would love to be wrong on that one)  but I think it will stabilize, more and more companies will start accepting it and hopefully I will continue to collect a lot of good coin:)
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
July 21, 2014, 12:12:20 PM
#7
Interesting article and claims I think the guy isn't very intelligent though.


I don't see the dollar coming to an end for at least another 70+ years.  The claims the guy making are based on history which isn't a terrible thing to base it on.  But judging from 70 years ago today the world is a completely different place and anything related to money then holds little value to what we have today.
They call them revolutions because average people don't see them coming. I like his terse writing style, it's refreshing. He does tend to use run on sentences.

I agree with much of what he says, especially about Bitcoin becoming a reserve currency.
newbie
Activity: 28
Merit: 0
July 21, 2014, 12:11:05 PM
#6
It already collapsed

1971 Milk .51 cents Gal USD in USA on gold standard

1971 Nixon Leaves Gold Standard

2014 Milk 4.50 Gal USD compare that to .0072 btc

People gonna love BTC and low numbers

Wow milk is only .00000001 btc soon

haha
legendary
Activity: 812
Merit: 1002
July 21, 2014, 12:09:08 PM
#5
How is this a bitcoin discussion, when it relates to the dollar? Probably should move to off-topic.

Anyways there are a lot of signs of the collapse of the dollar. Several nations are circumventing using the dollar as the standard for trade. The US is also printing like crazy right now because we have been through several QE. How long do you think the debt ceiling can rise before it defaults?
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
July 21, 2014, 12:00:19 PM
#4
Most of us will probably not be alive when the dollar collapses so it's not going to make much difference to us.
member
Activity: 69
Merit: 10
July 21, 2014, 11:59:37 AM
#3
Yea I think the dollar and other fiat currencies have still got a long life ahead, though I think something like the dollar could collapse or lose a lot of its value eventually.
hero member
Activity: 784
Merit: 1000
July 21, 2014, 11:54:05 AM
#2
Interesting article and claims I think the guy isn't very intelligent though.


I don't see the dollar coming to an end for at least another 70+ years.  The claims the guy making are based on history which isn't a terrible thing to base it on.  But judging from 70 years ago today the world is a completely different place and anything related to money then holds little value to what we have today.
sr. member
Activity: 432
Merit: 500
July 21, 2014, 11:47:25 AM
#1
Interesting article with a very surprising end (related to Bitcoin see last 2 paragraphs)

http://www.telegraph.co.uk/finance/comment/liamhalligan/10978178/The-dollars-70-year-dominance-is-coming-to-an-end.html

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