Your Bitcoin is essentially worthless if you can't cash it out or use it as a form of currency. I can't see how you're a Sr. Member, yet still imply that BTC is worth what it is because of it's tie to US Dollars... When the USD crashes (yes WHEN, not IF), Bitcoin prices will RISE if anything... And not only can you exchange BTC to other crytpos fairly easily, you can cash out in any currency you choose, or choose any BTC-to-Credit Card service out there to withdraw from ATMs or use BTC on-the-fly at any merchant that accepts CC.
Not only that, there are plenty of merchants online that now accept BTC...
With all that said, as long as there is movement around transactions for BTC, the hodlers have nothing to worry about. And seriously speaking, I hope you don't think that there won't be a crypto economy when the dollar crashes. I can only see crytpocurrency getting stronger at that point. Crypto is the new form of currency.
I get the passion about bitcoin, the technology and its potential to free people's investments from the whims of the federal reserve and its coeterie of investment banks.
What I don't get is how could "crashing of USD" be a good thing?? If USD crashes, that'd essentially leave the US unable to do a lot of things that it does and has done in the world. (Despite Trump and white supremacists). If the currency that the government uses, loses its value, how is it going to defend the country, fund the public facilities and pay its army of employees that make the economy work.
So, In my opinion, there's never gonna be a "USD crashing" scenario. The strongest (and most belligerent when cornered) country in the world won't allow it. Especially with all the discrepancy in Bitcoin hashing power. Its not even a good scenario to contemplate. You really don't want the monotonous chinese to become more powerful and dictate policy to the world. I think despite its many flaws, the US has acted as a stabilizer in the world. I doubt any other country would have done any better.
What may actually happen with crypto is that it may allow millions of middle-class people to grow wealth the way the top 1% have been doing for decades. A middle-class person works his ass off to earn what the top people move around in a day. That discrepancy in "creating wealth" has what has caused so much problems.
With crypto, there is a chance that anybody willing to put in their brain-time to understand the ecosystem will earn for himself a comfortable keep. Of course, the 1% will swell due to the early adopters and I suppose a lot of them would be here from bitcointalk.org..
How cool is that??!!
As far as OP is concerned, well that old Neo-Morpheus meme perfectly sums it.."You won't need to dodge bullets"..Crazy shit..
