Topic: How long till the end of the USDollar? - page 2. (Read 7709 times)
they cant just put or replace another currency use as money of the US it is written in the constitution unless the legislators will pass a law that will change the national currency of the usd.
Usdollara in like bitcoin that is tangable, i dont think that this will end and most likely thinking that it will be more valued than other paper cash
It is not going to end. But what about a scenario in which it gets devalued? Remember what Ben Bernanke did when he was the Chairman of the United States Federal Reserve? He printed out bank notes like crazy and as a result the exchange rate of the United States Dollar plummeted against the Great Britain Pound (GBP) and the Euro.
But that didn't affect the inflation rates in the US
Though that's what ultimately counts. In other words, the US dollar didn't in fact get devalued, it's only the exchange rate of the dollar which had dropped. The aeroplane money didn't enter the real economy, and thus prices had been left intact. All this new money went directly to bond, stock, and currency markets, which made stocks soar while the dollar value plummet against the major fiat currencies (like the British pound and the Euro)
i fell usDollar will live long like 20 years
Usdollara in like bitcoin that is tangable, i dont think that this will end and most likely thinking that it will be more valued than other paper cash
It is not going to end. But what about a scenario in which it gets devalued? Remember what Ben Bernanke did when he was the Chairman of the United States Federal Reserve? He printed out bank notes like crazy and as a result the exchange rate of the United States Dollar plummeted against the Great Britain Pound (GBP) and the Euro.
Just choose what you feel.
You do know that if the US dollar falls then it would mean the the whole of the United States of america have been almost drowned in recession. Also you do know that if the US dollar falls every country in the world will fall. No country would benefit from it. United states have investments, holdings and everything on every other cohntry and once it falls we all fall down
US dollar which in paper type may be end at 2050 but as US coin will not end
Usdollara in like bitcoin that is tangable, i dont think that this will end and most likely thinking that it will be more valued than other paper cash
I don't think that it is going to happen anytime soon. All of the American federal debt (worth around $20 trillion) is denominated in the US Dollar. So is the sovereign debts of many other nations. The USD remains as the dominant currency for international trade, despite attempts by its rivals such as EUR, GBP and CNY to dislodge it from that position.
Probably never but if I had to throw a arbitrary guess I would say 25 years. Around the time when bitcoin stops printing and people realize hey we can just use bitcoin from here
on out. That will be a sick day if ever happens!
on out. That will be a sick day if ever happens!
I don't even think 25 years would be enough to outdate the dollar dude. Its pretty much going to be here as long as fiat's around and crypto is still bound tonface more challenges like the one posed by china in the coming days so the dollar and the fiat system, since it's controlled by the government will be protected
US Dollar Breakdown: What's Next?
Read more at https://mishtalk.com/2017/09/17/us-dollar-breakdown-whats-next/.
What's Next?
No one can say for sure "what's next", certainly not me. But I can say that European investors need significant annual gains in US equities just to match the declining value of the US dollar.
Last week, Pater Tenebrarum at the Acting Man blog pinged me with this comment: "People underestimate how sticky currency trends are."
Given the significance of what this trend change means for the monetary cycle and the current bubble in U.S. 'paper' assets, it's eerie to watch this rollover in the dollar unfold in utter silence.
No one can say for sure "what's next", certainly not me. But I can say that European investors need significant annual gains in US equities just to match the declining value of the US dollar.
Last week, Pater Tenebrarum at the Acting Man blog pinged me with this comment: "People underestimate how sticky currency trends are."
Given the significance of what this trend change means for the monetary cycle and the current bubble in U.S. 'paper' assets, it's eerie to watch this rollover in the dollar unfold in utter silence.
Read more at https://mishtalk.com/2017/09/17/us-dollar-breakdown-whats-next/.
Probably never but if I had to throw a arbitrary guess I would say 25 years. Around the time when bitcoin stops printing and people realize hey we can just use bitcoin from here
on out. That will be a sick day if ever happens!
on out. That will be a sick day if ever happens!
Perhaps good question is what block hashing algorithm will next US Dollar based on? 
I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank
I guess even whole lifetime won't be enough
Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)
Never is a very long time. So far history has shown that all cultures and systems that have risen have at some point fallen, but for practical purposes, I think you are correct - it would be pretty incredible to assume the fall of the US dollar (at least in the short run - ie. the next couple of decades) is some form of inevitability.
BTC does not have to replace USD for it to succeed.....
Just choose what you feel.
There is NO End for US dollar specially if they already started the one world government in the whole world and that means we only have one currency and that is US Dollar.
Civilization rise and fall, give it time. Thought time is what humans lack...
Eat local and natural food and we all evolve consciously so we do not have to die.
They can keep the dollar pulled over from a complete collapse of sovereign debt so it disappears. China is seeking an alternative, but it will resist their concern to make the dollar collapse.
I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank
I guess even whole lifetime won't be enough
Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)
Great one, thanks!
I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank
I guess even whole lifetime won't be enough
Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)
Well not any time sooner thats for sure.
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