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 don't agree with your opinion. This is too short a period to overcome such a serious opponent as the U.S. dollar. The whole world economy is built on it. For a dollar you can buy any product anywhere in the world, and what can you buy with bitcoins? No, bitcoin is still too weak. 
Topic: How long till the end of the USDollar? - page 3. (Read 7737 times)
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.
8 years
Why there is no option for ">100 years"? Because I think that the United States Dollar is going to survive that long. You need to remember that the USD has remained as the world reserve currency for the past many decades. Also, it is the preferred currency for all sorts of international trade. Also, the USD has remained in this position despite fierce competition from the other currencies, such as the EUR, CNY and JPY.
Dollar Bills are a very strong currency it may only collapse if a disaster may happen in the economy of US. I would say it will last maybe 30 more years from now, the value will shrink till then. But as of now it is not even close to shrinking its currency.
It's going to take more than 8 years IMO. You should have made the poll bigger and include dates like 10, 20, 30 years. Note that what used to be worth $1 100 years ago is now worth $10, so the inflation is high, but not yet unbearable. Wait until you'll have to pay $100 for a pack of cigarettes and you'll actually start feeling and hating the inflation.
Predicting WHEN it will collapse is like guessing which snowflake causes an avalanche. However, the collapse is pretty much inevitable, unless the global financial elite start taking seriously new economic models based on complexity theory and act quickly to reduce the centralisation of power and wealth.
The US Dollar will only collapse if and when the US economy collapses and it doesnt seem that its going to happen anytime soon, Their economy is buoyed on the spendings of the citizens of the great country, so if the people dont spend their money on things especially things they dont need, the economy shrinks.
Predicting WHEN it will collapse is like guessing which snowflake causes an avalanche. However, the collapse is pretty much inevitable, unless the global financial elite start taking seriously new economic models based on complexity theory and act quickly to reduce the centralisation of power and wealth.
Trader: "It's Going To Zero"
Read more at http://www.zerohedge.com/news/2017-05-09/trader-its-going-zero.
Momentum Trader: It's going to zero!
Sales: Protection is worthless. Why pay up for protection, it always turns out worthless?
Quant Trader: The skew and relative steepness makes timing critical on any purchase. The theta decay is virtually impossible to overcome.
Desk Head: Why aren't we selling more?
Bear Trader: Because we are at all-time tights and there is no #*#*!@$ value! This is just #@*($& stupid.
Risk Management: I can't let you sell more than you already have. I've already increased limits and I'm extremely uncomfortable increasing them again.
All: Oh shut up!
Desk Head: You and your stupid risk limits are why we are all here in the first place! Had you let us sell more 2 months ago we wouldn't all be here stuck trying to figure out what to do – we'd be sitting on great P&L and could relax, but no, now we are behind and have to sell as much as we can at the lows.
Bear Trader: This can't possibly continue. It's already overdone and when it reverses, it is going to be UGLY!
Sales: All I've got is sellers. No one wants or needs protection.
Sales: Protection is worthless. Why pay up for protection, it always turns out worthless?
Quant Trader: The skew and relative steepness makes timing critical on any purchase. The theta decay is virtually impossible to overcome.
Desk Head: Why aren't we selling more?
Bear Trader: Because we are at all-time tights and there is no #*#*!@$ value! This is just #@*($& stupid.
Risk Management: I can't let you sell more than you already have. I've already increased limits and I'm extremely uncomfortable increasing them again.
All: Oh shut up!
Desk Head: You and your stupid risk limits are why we are all here in the first place! Had you let us sell more 2 months ago we wouldn't all be here stuck trying to figure out what to do – we'd be sitting on great P&L and could relax, but no, now we are behind and have to sell as much as we can at the lows.
Bear Trader: This can't possibly continue. It's already overdone and when it reverses, it is going to be UGLY!
Sales: All I've got is sellers. No one wants or needs protection.
Read more at http://www.zerohedge.com/news/2017-05-09/trader-its-going-zero.
The only scenario in which the US Dollar would become obsolete is if a third world war occurs. If the economy of the US collapses as a result of the war, then some other currency will replace the USD. But the chances are quite remote.
Yes, it's almost impossible. Even after the war, the dollar may remain to exist perhaps only there will not be such a high rate compared to other currencies.
The only scenario in which the US Dollar would become obsolete is if a third world war occurs. If the economy of the US collapses as a result of the war, then some other currency will replace the USD. But the chances are quite remote.
Yes, it's almost impossible. Even after the war, the dollar may remain to exist perhaps only there will not be such a high rate compared to other currencies.
People are waking up to the reality that the paper they have in their pockets called money is actually worthless and losing value all the time.
As the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
Bitcoin users basically say what they want to hear or see, but this is a completely different reality. If you do not see the value in the paper that is confirmed by gold it's a stock of the country at what price you always see in Bitcoin, which really is the air. This is profitable, Well, then it will be when there is no electricity and no InternetAs the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
People are waking up to the reality that the paper they have in their pockets called money is actually worthless and losing value all the time.
As the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
Bitcoin users basically say what they want to hear or see, but this is a completely different reality. If you do not see the value in the paper that is confirmed by gold it's a stock of the country at what price you always see in Bitcoin, which really is the air. This is profitable, Well, then it will be when there is no electricity and no Internet As the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
Considering that the US is currently trillions of dollars in debt, I would think 5 years, ot 50 years, or 500 years. It would depend on how the government is handling things.
Firstly, the dollar is supported only with the United States of America and the whole world, because each country depends on this currency. And secondly, even such an organization as an international bank will support the dollar, everyone will listen to it because it is this organization that dictates its conditions on the financial economic state of each country.And that's why the US dollar will survive for at least another hundred years
Bitcoin might replace dollar or aurpass dollar in the world market but it doesn't mean it will collapse and will just vanish by just a single or double digit years. The USD in circulation all over the world is nothing compared to Bitcoin. Come on guys wake up! We should consider the factors that would inflence it in micro and macro perspective.
People are waking up to the reality that the paper they have in their pockets called money is actually worthless and losing value all the time.
As the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
As the previous poster said, no government can stop the entire population from choosing their own form of currency to prevent themselves from being used, enslaved and ripped off by the ponsi commonly known as the monetary system.
Just my $0.02 worth...and we all know what that is worth...
Considering that the US is currently trillions of dollars in debt, I would think 5 years, ot 50 years, or 500 years. It would depend on how the government is handling things.
Firstly, the dollar is supported only with the United States of America and the whole world, because each country depends on this currency. And secondly, even such an organization as an international bank will support the dollar, everyone will listen to it because it is this organization that dictates its conditions on the financial economic state of each country.And that's why the US dollar will survive for at least another hundred years
^^^^^ There are lots of things happening in America that can affect the US dollar. One of them is that people are waking up to the strength they have in court.
Federal Rules of Court state in one area that if you don't have these 4 things, there isn't any case:
1. An accused;
2. An accuser;
3. An injury (bodily harm, physical damage, breaking of a contract);
4. Evidence and at least 1 witness connecting the accused to the injury.
(Google and Yutube search on "Richard Cornforth" and "Karl Lentz common law," and do your due diligence.)
This means that State Governments and the Federal in America lose their case every time, IF the accused digs these Rules of Court out, applies them, and moves the trial into Federal District Court.
The result of this (if the accused does it right) no law suit where the accuser is THE UNITED STATES OF AMERICA or THE STATE OF XXXXXX (WHATEVER), can take the oath, get on the stand, and claim injury. Why not? The Government is only paperwork. It can't get on the stand and attack the accused. Same said any corporation. The Government will never get on the stand. No case.
What this means to the USD is that people can't be found guilty of using Bitcoin or anything else that they want to use as money. As soon as people start using Bitcoin in big scale, there will be no taxation, because even if Government COULD get on the stand, the difficulty in proving who did what with Bitcoin is essentially insurmountable to a knowledgeable accused person.
Ross Ulbricht is an example of a person who did not use his right to require his accuser to get on the stand and state into the record (in a Court of Record) what the harm or damage was. The reason why was because he trusted attorneys. And his attorneys didn't go the route of requiring that injury be shown by the accuser.
The point is, the ability for people to beat Government like this has always been around. Only lately is it becoming public, because Government officials generally wouldn't attack in all kinds of ways they are doing these days. The people didn't have a need to use this info. So, they didn't learn it.
When the people wake up to their strength, there won't be any IRS that can stand against them. When the IRS flops, the USD will flop, because it is all Ponzi, and no Ponzi can stand without a continual influx of money.
If you or anyone wants to see how to put Government down, go here http://recordings.talkshoe.com.s3-website-us-east-1.amazonaws.com/rss127469.xml, start at the bottom, and listen to these Karl Lentz Talkshoes. They are long, and sometimes boring, but they show the way. This same info can be found here http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc.
Federal Rules of Court state in one area that if you don't have these 4 things, there isn't any case:
1. An accused;
2. An accuser;
3. An injury (bodily harm, physical damage, breaking of a contract);
4. Evidence and at least 1 witness connecting the accused to the injury.
(Google and Yutube search on "Richard Cornforth" and "Karl Lentz common law," and do your due diligence.)
This means that State Governments and the Federal in America lose their case every time, IF the accused digs these Rules of Court out, applies them, and moves the trial into Federal District Court.
The result of this (if the accused does it right) no law suit where the accuser is THE UNITED STATES OF AMERICA or THE STATE OF XXXXXX (WHATEVER), can take the oath, get on the stand, and claim injury. Why not? The Government is only paperwork. It can't get on the stand and attack the accused. Same said any corporation. The Government will never get on the stand. No case.
What this means to the USD is that people can't be found guilty of using Bitcoin or anything else that they want to use as money. As soon as people start using Bitcoin in big scale, there will be no taxation, because even if Government COULD get on the stand, the difficulty in proving who did what with Bitcoin is essentially insurmountable to a knowledgeable accused person.
Ross Ulbricht is an example of a person who did not use his right to require his accuser to get on the stand and state into the record (in a Court of Record) what the harm or damage was. The reason why was because he trusted attorneys. And his attorneys didn't go the route of requiring that injury be shown by the accuser.
The point is, the ability for people to beat Government like this has always been around. Only lately is it becoming public, because Government officials generally wouldn't attack in all kinds of ways they are doing these days. The people didn't have a need to use this info. So, they didn't learn it.
When the people wake up to their strength, there won't be any IRS that can stand against them. When the IRS flops, the USD will flop, because it is all Ponzi, and no Ponzi can stand without a continual influx of money.
If you or anyone wants to see how to put Government down, go here http://recordings.talkshoe.com.s3-website-us-east-1.amazonaws.com/rss127469.xml, start at the bottom, and listen to these Karl Lentz Talkshoes. They are long, and sometimes boring, but they show the way. This same info can be found here http://www.talkshoe.com/talkshoe/web/talkCast.jsp?masterId=127469&cmd=tc.
The only scenario in which the US Dollar would become obsolete is if a third world war occurs. If the economy of the US collapses as a result of the war, then some other currency will replace the USD. But the chances are quite remote.
Get a USDollar out of your pocket. The thing is only a little over 6 inches long even diagonally. No matter where you start, it isn't very long to the end of the USDollar.
I see what you did there, and I approve
Get a USDollar out of your pocket. The thing is only a little over 6 inches long even diagonally. No matter where you start, it isn't very long to the end of the USDollar.
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