Topic: So dollar collapse ? (Read 667 times)

You initially laid the error, and taking it as a basis and generated other errors, which is expected. Britain did NOT rule the world, it was an empire. Empire implies seizure of foreign territories and building zones of influence, where you can build “copycat” colonies, with convenient and familiar laws, monopolization of resources and industry, etc.
France, Netherlands, Spain, Portugal were also colonists.
But name - whose currency among those listed by you became the INTERNATIONAL measure of value ? The Gulnad? The Franks? Thalers or Florins?  None of these currencies were what the dollar is ! They could be used only in colonies and some countries that were loyal to the colonizer country. Tell me how for example for guilders could buy goods in Japan ?   I will even help you - through another asset to estimate the value - GOLD !
No one is talking about forever. We are talking about the OBEDIENCE and acceptance of this monetary unit by the majority, even with all its shortcomings and peculiarities.  And as I wrote - there will be a replacement only in case of appearance of a country (or union) which will be as trusted as the USA, and it (country or union) will have the same indicators of trust, strength, and capabilities.  And there will probably be a replacement at some point, but BEFORE and in the short term, nothing like that is in sight. If I am wrong - name such a country/union ? Only with arguments, of course, please

Mate, try to understand few things then give reply because it's important for the understanding of other members as well we have no PM in America so he is doing nothing for having anything about stability of the USA dollar and as we are having changes around us surely we will have good and positive changes which are essential for us in recent time we are having too many blocks and other related things for creating challenges to the USA and Dollar, but I have strong feeling it's not going to work because still main superpower is USA, and they are having strong allies which are giving good support for keeping things on track.

Until we have corruption crimes and other things related to instability humans we will have strong hold of this Dollar because they will do everything for the stability and keep power for this because they are having right for doing things like these.

You don't see and so far there is no country that can compete and threaten the leading position of the United States, that doesn't mean that country will never appear in the future. As I said, it may not happen in our time but in the future it is very difficult to say. You, me or anyone will not be able to know anything in the future.

But there is one immutable rule that nothing can last forever and history will repeat itself at some point. Before the United States came into being, there were five other nations that took turns ruling the world, and before those five empires, we had other empires that ruled the world. Our world is thousands of years old and has gone through many different periods of domination. So the idea that the US will dominate the world forever is just an idea of ​​people who are too crazy about the US and do not want to accept the fact that the world changes and develops.


Source: Internet

Before 1400, before Portugal dominated the world and ushered in the era of the rise of Europe, who dominated the world? And they certainly thought they would never be defeated.

CBDC will just solve the problems, really the problems of total control by the government  With fiat money or cryptocurrency - it is difficult or costly to do this. And CBDC model makes ALL transactions transparent, and gives full control over your every cent, and for any action - both to track and block or forcibly withdraw YOUR money. Or to mark the money on the wallet, and then to track all your transactions, to reveal financial and other connections.

And with a decentralized financial system, without control - no government will accept, which is why the adoption of bitcoin as a means of mutual settlements - is more of an exception than a practice. Just remember one fact - Money is power, and power must control money. That is why there will never be decentralized financial systems in the modern world.

I recommend studying the financial system of the world, from about the 15th-16th centuries. The conclusion will be unexpected - there were no GLOBAL UNIVERSAL mechanisms of value assessment before the dollar. In monetary form. There was gold. But gold is a specific measure of price and settlement, so the dollar took its place. Yes, the U.S. was smarter, more cunning and more nimble than others.  I have already said many times - to replace the dollar, a country must appear on the world stage, which will prove its superiority for decades, will have the largest economy, will be a technological leader, will have the most powerful army and armaments, and many other indicators. I do not see any such contenders even on the horizon. If you know one - let's discuss ?

Indeed, it is difficult for us to eliminate fiat easily in terms of value and others, because FIAT is the current benchmark value with all its mechanisms still very much needed, and it is unlikely that it will happen in a few years, the fact is that we in this world still do not receive a stable internet network to all corners of the world, and people who understand crypto are only a small part of the entire human population in the world today.

I think that crypto may be difficult to accept but Blockchain technology may be accepted faster than the cryptocurrency, because some countries also have sovereignty in speaking finance, although it can be revised and re-deliberated, but human resources in accepting a new financial system takes time.

Yes , Dollar will not collapse in future because PM of America is taking the step for digital currency and he will take action for the stability of dollar. Dollar will be strong in future because America will trade with foreign countries and it will import it's products and after that dollar value will increase and we will see the pump in dollar price. After the COVID 19 every country is effected . In many countries dollar has great value and in few countries they don't give the value to dollar and they  use their own currency. America is dictator and has weapons and modern machinary and that's why it is dominant on World.

I agree with this 100% without a doubt. CBDC will be insanely terrible at the hands of wrong people, we are going to end up seeing people face so much problems and that is going to end up with issues for them. I think it is going to end up being something that will be very tough if we keep getting crazier results, it has to be very careful project.

I believe that we are going to see a result with CBDC which will be even more corrupt by the officials, and at that point I feel like it might actually be more open to public as well, which will make us go mad even more. I can't believe that people have a belief that it will fix everything, nothing can fix it because politics is simple, if my guy is doing crimes then I support him, if the other guy is doing something decent I still don't support him, that's politics, so both sides will ALWAYS find people who will support them no matter what crime they do, and CBDC will not fix anything about that part at all.

He is talking about collapse there, not fall and I think both are not the same but to me, I think the word collapse is more intense than the word fall. If I can make an example, I can say that a collapse is like a shitcoin who dumps and never recover again but a fall is only like a dip in the price of BTC and the chance for it to recover is still or always there.

Now that we already figured out their meanings, I guess it is now easy for us to choose a proper word in order to have a response in the OP's question. Even though you already choose the word fall, it is still wrong to say that it is not possible for the dollar to fall.

There is an image about it in fact which compares if what we can buy with a one dollar now compared to before but it's not just a simple fall, rather it is caused by the inflation. If without the involvement of the inflation, there is still a small decline that a dollar can experience sometimes and just like in BTC, it is still possible for it to recover too. Anyways, the next thing that you said is the reason on why it is less likely for the dollar to collapse.

The dollar already loses its value but as we can see, it is still considered as the main currency of all the countries in the world, so even if other perform well, I don't think we can see them in the position of the dollar.

I agree with you, the USD will not collapse in the near future, the US is still doing everything it can to maintain its dominant position as long as possible. But saying that it will never collapse is a myth and a blind trust because nothing can last forever.

Actually if the OP or everyone took the time to learn about what's going on in the world it would be easy to see that. Many countries are trying to reduce their dependence on the USD and this has become increasingly evident in recent years as BRICS has accelerated the bloc's development. Of course, this won't cause the USD to collapse, but it's clear that the USD is gradually weakening and think about what will happen over time if BRICS strengthens?
The currency war will never stop, if the USD can beat the British pound to become king, sooner or later the same thing will happen to them, because that is the cycle of our economy.

The chance is that any company that deals with other nations will have a lot more chances and that's the important part. If you are an American company for example and you are selling a product to UK, you will have a lot of advantages and your nation (in this case USA) will help you with it as much as they can. This is because nations realized that they can't just be self-sufficient and their currency gets lower, which means that we are talking about making money from other nations, or more importantly can be said "taking" money from other nations. If you do that then you are going to end up with a much better result as a nation.

This is why we are going to end up with companies getting a lot more help from their own nation if they are selling to other nations. We will definitely have hard time just selling our product to our own nation, hence we need to consider globalization. In this case e-commerce is definitely a great way of improving our chances of selling stuff to others.

Yes dollar will collapse it's good i can buy cheap.
That's how the market works you buy when cheap sell when high.
There is endless china and usa fight no winner no loser.
You keep the bets on both sides you always winner.

I sense you are only downplaying the dollar collapse mantra, it's more than that because such a term is rarely used in the market when experts analyse it. It means that a serious fall may happen that could be caused by rare invents like major economic collapse, recession, depreciation etc. I hope this will not be the fate of the US even as all hands are on the desk to forestall the issue. The US economy is not at its best but certainly not the first time the country has witnessed such a downturn but still bounced out of it heroically. But mark this, those who want the US and the US dollar to fail will always wait in shame because that is the country with the best brains when it comes to economics.

That said, all I expect this year and the next is the usual minimal rise and fall of the USD index, so no cause for panic.

There is no doubt everything is going to be had end with $ is also having his end but no doubt it's not happening now and in near future because we all know still US is only superpower, and they can manage things for the strengthening of their currency we have too many ups and downs with few regional blocks are coming for having some changes, but this all is never been easy we have to understand few things YouTubers are having their own conspiracies, and they are creating feud as well, but it's not all about this collapse they are doing this for having their own views.

Just because of this social media and specially YouTube now we are having too many mess-ups which are creating problems for the peoples but as they are doing its surely not going to be had any impact on current world and US $ we have to understand ground realities about this with just wait and watch surely things will be taken change.

The value of a dollar is not in the paper, but in what is behind that “paper”:
- The political weight of the U.S. in the world
- The U.S. economy
- Technology
- Army
.... and much more that ensures the value and stability of the dollar.

This is why I always say - the dollar can of course be displaced by another currency. But for this to happen, a country must emerge that is more powerful than the US by all measures. But...so far this scenario is unlikely

I couldn't understand before why the dollar is so strong as a currency. And I also couldn't understand why it wasn't backed by gold reserves. In fact, it's just a piece of paper with presidents. But it turns out that everything is not so simple, the point is that the dollar is recognized in many places, and the very point of the dollar is that it is American. The US has shown itself as a country that knows how to invest correctly in the economies of other countries, giving them a financial boost, look at South Korea for example.

I don't think it is possible for the dollar to fall, because the few international transactions that take place are mostly done through dollars. But every country has its own currency but the dollar is international so it is not so easy to lose its value. But it may be that if some other better method and strategy comes then the dollar may lose its value, but this dollar has been playing a role in the transactions of every country in this world for a long time.

When you’re talking about the collapse of a currency, what you’re really having to talk about here is inflation. This deals with the strength of a currency to another as per valuation, having to describe the productivity of a nation in respect to its local goods and foreign importations of product.
Dollar would fail, domes days for dollar and blah blah blah on the various channels you devote your time then ask yourself this,

Is your country actively producing?
Are you being rocked by inflation today?
What measures are being put in place to tackle inflation in your country?

Dollar still stands as a reserve currency and what ever affects dollar could have a chain relation to associated nations respectively. There are rumors of China and Russia looking to by pass dollar but, you know it’s going to be real difficult for sure.

As long as there is power, greed, corruption, and other “peculiarities of man”, monetary systems will always remain centralized. The reason is banal - money is power. No one will give up power.

You probably think that soon many countries will launch CBDC ? Well, I have to disappoint you very much ! CBDC is an evil that many people do not realize yet. It will be disproportionately worse than what we have now..... Probably not everyone realizes what CBDC really is.

Haven't we often told each other that the centralized monetary system will soon collapse, we should invest in bitcoin to avoid the collapse of the traditional monetary system? Isn't USD a centralized currency?

To be honest, I really don't understand what people are thinking. In other topics, some people claim that bitcoin is the only currency that will last forever because it is decentralized and censorship-resistant, the monetary system will soon collapse. But in this thread or other threads about the collapse of the USD, you say it will never collapse. It's tough to understand what your point is.


Nothing lasts forever and USD is no exception, but it will collapse but not now.

First of all, crypto would not exist without the technology that enables crypto to do what it does. It has nothing to do with FIAT currencies, it is simply an evolution and moving on... Crypto is being used for many good & bad things, it's up to people how they will use it. The same is works for fiat, but you need to think about how Bitcoin is created, who controls it, why it's an "open ledger", and other stuff. Compare that with fiat currencies and maybe you will understand why fiat is corrupt to the bones. With crypto and a lot more transparency things can be a lot different.



Maybe you should also think about what Satoshi was trying to say with this, and what it means to "be your own bank". If every person becomes his own bank, will we need "banks" that only get rich from us?

Which channels and which experts?

Because a lot of that content is just rage-baiting to rake in Youtube advertising money.

(the dollar is pretty shit though, it keeps inflating making everything more expensive, even fast food.)

For now, the dollar itself is still quite strong and is still used in international trade and by several countries so it cannot be considered to have fallen. However, if we look at the possibilities, it is still very open because several countries at this time have also begun to dislike the dollar and prefer their own country's currency. In addition, if in the future there can be more countries to free themselves from dependence on the dollar, it could have an impact on the fall of the dollar itself. Because now gold and Bitcoin are seen as important and quite valuable assets that could make most countries conduct their trade transactions using gold and Bitcoin.

One simple question - who or what is now “forcing African countries to use the US dollar” ?
But honestly - list the names, organizations, etc. who is forcing them to do so?
During my life I visited several African countries in the period from 200 to 2016, and communicated with local businessmen and people, so they told me that they do not suffer from the dollar, but suffer from corruption, corrupt officials and the “alliance” of local authorities and corrupt international organizations like the Red Cross and the UN, which do not allow, for example, to develop the agricultural sector and attract investment in these countries, because in this case the global system of plundering funds in the form of the program “aid to African countries” will collapse. Don't you want to talk about that?

Those YouTube videos use their doomsday suggestions/projections merely to get your attention and to give them the views they need to increase their follower count.

The U.S. Dollar may be declining, but there won't be a "collapse". I believe that it will merely be a slow transition to another Global Reserve Currency. It won't be China's Yuan in its current form, when its liquidity, investability, and spendability is not as good as the U.S. Dollar.

It cannot be denied that the USD is still very strong and it is difficult for any currency to usurp its throne in the near future. But have you ever learned about the history of world currencies and how many currencies dominated the world before the USD dominated the world? If I remember correctly, before USD, we had 5 different kings who took turns ruling before USD appeared. That shows us that nothing lasts forever and USD is no exception. Maybe it won't happen in our time, but certainly in the future, history will repeat itself again, the USD will be surpassed by another currency.

Like bitcoin, no government ever thought the world would have a decentralized currency created that was not controlled by them. But what now? They have to accept the fact that things they thought would never happen are happening. Don't claim anything in the future when you are not from the future.

Dollar is a fiat to a country so if dollar collapsed, it will affect the citizens of that country and internationally, it will affect many businesses but those countries that are forced to accept dollar for exchange purpose will be liberated. And free trade might be implemented in the African continent. And African countries will be free from the neo-colonialism.
I only know that, dollar was down in the 20s and not now. As we speak dollar is the number one strongest currency in the world.

As if crypto is clean as baby's behind.
It won't happen, a quite large % or crypto lover hate FIAT, forgetting that Crypto without FIAT would not even exist.
Bitcoin was created to enable value transfers from P to P. Not to replace FIAT.   

If you look at the history of everything that reaches the peak of its glory will inevitably collapse too, as before the Poundsterling or others such as the VOC and or the Otoman dynasty and others who once ruled the world they experienced a decline, just as you revealed that nothing is forever in this world, there must be a point of destruction, and as we believe the world is rotating and taking turns.

So with the Dollar or the US which is a superpower in this world, influencing most of the world with its dollar, and surely they will also lose their throne, and I also quite believe that when such things happen there is always a rebellion or a big war to replace power.

It sounds like a conspiracy but history always repeats itself.

There are good, beautiful, and smart things on YouTube, how did you end up watching some "self-proclaimed" expert out of all that?

I would like to see the dollar collapse, as well as all other fiat currencies. They are all the same, centralized schemes of politicians, bankers, and already too many rich individuals. This world, and we together with it, will not see better days as long as their rule lasts. These people are not interested in people and nature, they only care about more profit and how to become even richer.

Never a dirtier and more polluted world, never more poor and hungry people, wars everywhere... but they keep talking about how everything is fine and how it will get even better. We are being fucked in the brain, but it's obvious that most people aren't even aware of it.

I was born in the time of the USSR
Since my childhood before the collapse of this anti-human education I heard “the dollar is worthless, the collapse of the dollar is inevitable, tomorrow the dollar will collapse,...” and so on mental perversions

The USSR collapsed, the Warsaw Pact alliance collapsed. The economies of countries that set the destruction of the dollar as the goal of their lives, and at the cost of the lives of their citizens, are collapsing. But... The dollar, with all the nuances continues to live and is considered a demanded currency. By the way, all totalitarian rulers “fighting the USA” keep their savings in the dollar
This is from practice.
Now a question from theory - have you calculated what will happen to the world economy in the “collapse of the dollar” ?  Do you really dream about it ?  Honestly ?

If you look at the history of the world economy, it becomes clear that no state could dominate forever, there was always a moment when the player changed, I think that this trend will play out in the future, but if the dollar collapses, then I think it will happen last, and first all other national currencies will experience an even greater fall than the dollar, so if it makes sense to keep savings in fiat currency, then only in dollars, and perhaps a little in euros, but they will lose to bitcoin, due to inflation.


Don't think that I am a conspiracy theorist or anything like that, but I see it as a coordinated action to keep the population at a certain level, when their income will be just enough to provide for basic needs.

Governments do not want the population to become wealthy, it is easier to control them, and if the population is in debt in large enough numbers, then it is even better, because they live in liabilities. I also thought that the euro should be stronger than the dollar, but this is not allowed to happen, and perhaps it will not change in the future, or the difference will be too insignificant.

What can be developed and can be an income will continue to be done by each country because the economic relationship that can benefit both parties is not a small enough business because a small business is just a business that does not have a large enough income. Now almost all countries are struggling to keep their own currency valuable and not dependent on other currencies, so there will be many unique possibilities that can occur in the world economy in the future. And everyone must be ready for any changes that may occur.

Dollar collapse? I can't necessarily believe that but yes I know nothing is permanent and in as much as change is a constant thing, definitely yes the US dollars can as well  fall on a lower rate which will be favourable to the markets and other sector too.

cause from the look of things I think the US dollars has a very high dominance over other currencies in the World today which makes them as a Hero,but having it collapse anytime soon will be helpful cause it will lead to productivity in other currencies like fiat currencies too.But like I said it's really unimaginable that  there would be an insurgency of dollar collapse.

The US Dollar will not collapse... at least not in my lifetime. The US Dollar has been the world's reserved currency for more than a century already, and right now, it's still far from collapsing.

Although the Chinese government and the whole BRICS are doing what they can to detach themselves in using the US Dollar, more than 80% of the total countries are still using it, and this amount is still way higher compared to the other currencies combined. The videos that you're watching are either anti-dollar (which is a weird term coming from me), or... I don't know they maybe just creating the video for the sake of content only. Right now, what the BRICS are doing has little to no effect towards the USD, and although I expect them to continue for the next years and decades, it will take time. De-dollarization is taking place already, but in a slow pace.

Will we see the Dollar collapsing? There might be a time in the future that it will collapse, but I don't know when it will happen. One thing's for sure though, it will not happen in my lifetime, or even in my generation.

This is very true, I do agree that other nations are having trouble as well, the whole world is in trouble right now and poor people are becoming homeless and starving, while middle class is becoming poor. The main evil here is not the nations against each other, it's the leaders and the rich companies and corruption.

There is a good saying, I don't remember which nation it was for, but I will just use examples, the leaders of nation X and Y have more in common with each other than their citizens, and the citizens of nation X and Y have more in common with each other than their leaders. That is the most important thing you can read today and that is why I believe that we are going to have a ton of trouble if we think that our leaders have our best interest in our heart, and that is why I believe that we are going to make bad decisions if we end up with this. I think we need to consider the situation changing, so we need to consider that its leaders that are rich, and making our life worse.

Quite a lot of people believe that a state is like a small timer business.
A state is a layered creation which has quite some time to grow.
Especially in the states, where the government has developed a symbiotic relationship with the economy.

While there's enough stuff to go around to suppose that the dollar is collapsing, I think it's a little too early to say that it is collapsing and we are due for a recession, it's hanging by a thread don't get me wrong, but it's still pretty much hanging in there.

I don't think you'll like it when the dollar does collapse. With the way things are looking shit's gonna go down the sewer if the dollar does collapse, a lot of countries are reliant upon the international bank, which is actively funded in dollars, if that shit devalues, problems will ensue, not to mention efforts that countries opposing the US might make to try and annex US territories cause what can they do now when their own market's crashing?

People underestimate the people working from within the United States government and the Federal Reserve, as they were dumb people who cannot do anything right and each action they take only pushes the USD closer to its demise, though that is not completely what is going on.
The federal reserve know and it is aware there are some for of the United States seeking to undermine the perceived value of their correctly around the world and perhaps even replaced by some BRICS issued Fiat of some sort. The Fed is not stupid enough to allow all of it happen. While people are already talking on the future downfall of the USA dollar as a reserve currency around the world, the USA is secretly planing the counter offensive so they won't lose the hegemony of the Dollar.

My country used to be one of the most anti-USD in the hemisphere and ironically (after going through some economical crisis) the government itself and the people had not had other option but to adopt the USD for the daily life expenses and refuge for local inflation.

Euro is also due to crash.  Reason being they followed the prompt to copy the actions of the Federal reserve and take on large amounts of QE style debt.  Little of this makes sense or is especially legal when you consider some of the poorest people are paying to bail out some of the richest people who own the failing companies issuing this debt.

If there is a negative outcome for the Yen with its 30 year old QE programs, if FED failed USA with its endless QE then its also true Euro will be cursed with this debt till it fails.   What began with one of the strongest banks in the world, west Germany for years has issued premium debt due to good governance has now switched to bail outs for Greece and corruption across Europe, the worst debt was bought to back Euro.

This all was done on purpose, Euro would have risen strongly vs dollar long ago otherwise.   Its part of what makes the working wage so weak now and 2 people can barely pay the household bills in many families its a struggle even while full time employed.

The dollar has been collapsing as far as I remember and its demise has been foretold for decades, and while it is true that too much of it has been printed recently and the US government has too much debt, many other countries are in the same situation or even in a worse one, so the collapse of the US dollar seems to still be very far away, so if I were you I would concentrate on other things as I do not expect the dollar to collapse during the next decade.

Most rumors are started by people holding a grudge against the US.
Greencard, blocked accounts, confiscated funds, you just name one.
These rumors are not from people having a reputation to lose if proven wrong.

That is the part where social media sets in.
You watch a YouTube speaker and dig into him often you find the reason why he made the video.  
People without websites you should discard immediately. Mass websites as some people do better work than others you find their domains a re protected and such.

The rumors are not but fallacies. It is important we approach such things we a clear eye so that we won't get misguided. This is not the first time the dollar has depreciated yet the reserve currency still remains unchallenged compared to other currencies. Without that we should understand that there are reasons why there has been an instability in the value of dollar, and they are caused by geopolitical factors, and advancements in technologies. After its up and down the dollar at the end still finds a way to maintain a balance.

You have a good point. If we analyze the current status of dollar carefully, we will find out that it's not as valuable as it had before, not actually in terms of price, but more on the worth and demand that people are giving to dollar. A lot would say that it's deteriorating already and it's slowly replaced by digital currency which gains high demand these days.

However, seeing bitcoin to completely collapse in the market might not be happening soon but may probably take some time. But if US will find some alternative to replace dollar, I'm sure they will let go of dollar and raise their alternative currency in exchange of dollar.

There is the Euro.
Still not much love lost there.

To be fair dollar DID fall, it didn't collapse but it is not even half of what it used to worth, the only trouble is that all other nations followed and did the same thing or even worse, so the fall of dollar did not get any interest. If other nations stayed a bit stronger when USD was falling, then this would have been a bigger issue and a news, but because it wasn't, the issue did not get any worse at all.

I believe that we are going to face a lot of people with a lot of questions on why the yare not buying the same things for same money, that is due to inflation and everyone is complaining about that inflation over at USA, so they should realize that USD already collapsed like crazy and it is not worth anything anymore.

The only thing that is keeping the dollar strong right now is the fact that no other currency did alright during this period, all of them crashed and every government made big mistakes as well. So that is why we are left with a "strong" looking USD for the time being.

Who would want to see dollar collapsing all at once? Of course, it would bring massive loss to the US banks and government so as much as possible they will do all precautionary measures to prevent it from happening.

However, I also don't hope for dollar to collapse so that bitcoin will create a perfect entry. Bitcoin acting as a reserved currency is good enough for me, after all we won't be spending all our bitcoin, as we intend to invest them to gain maximum returns in the future.

What I'm saying is based on each country's GDP as well as China's role and influence in the international market, I don't care if they are capitalist or communist because each regime will have its pros and cons. If they were really bad, they wouldn't be the country with the second largest GDP in the world or be known as the world's factory, or the whole world would admire their growth in recent years.
Their real estate industry is in crisis because of miscalculation but that doesn't mean they can't fix it or just because it will cause their country to fall into economic crisis.
 
I don't like China either, but don't underestimate them when it comes to economic potential. In addition, what I want the world to move towards is a multipolar world, a world that will have opportunities for other small countries to have the opportunity to develop their economies. Instead of living in a unipolar world oppressed by unreasonable policies and regulations from one side of the United States.

Honestly, the Dollar collapsing theory is just clickbait for views on YouTube videos, How can a currency that is widely regarded across the globe collapse? The United States of America from which the currency was generated may be experiencing widespread inflation but that shouldn't affect the strength of the Dollar. The United States dollar dictatates the direction of the entire global socio-economic activities so the possibility of collapsing is not even an option.

One might argue that this particular system of government is what has made them what they are today. Their citizens may not be as free as those of the West, and probably not as rich, but what do they care? The government is getting bigger and has more resources through them.
Almost all the big and very successful Chinese companies are state-owned, which gives them so much resources in the form of financial and data resources. The few private big corporations have close ties with the government. All this helps in making their government more powerful.
Nevertheless, I think I agree with you, the world has seen the benefits of a capitalist system so people will refuse a socialist system. Aside from the hindrance the system has on the economic growth of its citizens, other countries won't accept a socialist system. Even though some corrupt and dictatorial governments in Africa might buy into it, the people would refuse it.

The Fed interest rate remains high, which is not good for the investment climate but good for taking a hold on inflation. There are worries of US entering a recession if the rate does not get changed. But from the news it seems likely that we can expect a small cut in September, and then the rate will remain unchanged till the end of the year. In that case, I think recession will be avoided, and the markets will stabilize. As for the dollar, it seems to be doing okay, and I see no sign of collapse. All currencies collapse eventually and are replaced with something new. But that seems unlikely in the near future, especially with the USD.

While I do agree that nothing will last forever, just because China is big, doesn't make them a formidable competition, because they are usually not good at it neither. Remember, that's a communist dictatorship, so fighting against a liberal capitalist nation would not be easy for them at all. One mistake from the ruler, and they are done and shitty, which did happen very recently with real estate issue, they spent insane amount of money on real estate to build the nation from ground up, but forgot that nobody has money to buy all that many houses, which caused them to have a ton of bankrupted hug companies.

Not that USA is great, I am not here to defend what USA is doing, I am not here to defend USD neither, any proper nation that is managed well would pass USD, that's not my point. I am just saying China is no better than USA when it comes to stupidity, they are equally stupid, but the problem with the world is that we have too many stupid people ruling every nation, when you look at presidents and dictators of many nations, you see that they are so bad that it looks as if they are intentionally ruining the nation, it would require wilful ignorance to be this bad and yet they are still doing it.

It is just speculations, one that quite a lot of people believe in, the argument is that the British pounds was once toppled by the U.S dollar to become the world's reserve currency, and so that could also happen to the U.S. dollar. There is no doubt that we cannot predict the future, but some of these speculations is just a reflecting of people's wishes, the U.S economy and its currency remains the strongest right now, and talks of it weakening is just blown out of proportion.

Take for example, people keep preaching of the U.S dollar collapsing, yet many of them convert their local currencies or cryptocurrencies to U.S dollar backed stable coins whenever the market is down, many governments are also dollarizing their economy. There is no sign of the weakness people are talking about.

How is USD strengthening? When more and more countries want to join BRICS and as far as I know, there are more than 40 countries waiting to join the bloc.

I do not deny that the USD is still dominating our economy, but you also cannot deny that the idea of ​​de-dollarization is no longer an idea on paper but is being urgently implemented. Sooner or later the USD's market share will decline and that is inevitable even when the US is trying to find ways to maintain its dominance.
De-dollarization in BRICS is still slowly and surely rolling out, and what will happen when they completely remove USD from payments within the bloc? You should not ignore this news and pretend that de-dollarization never happened or that it has stopped.

https://watcher.guru/news/brics-bridge-to-replace-swift-end-dependency-on-us-dollar

The total capitalization of the entire cryptocurrency industry is just over 2 trillion while the GDP of the United States is almost 26 trillion per year. It would be naive to say that cryptocurrency is having a positive impact or that it will become a key factor in helping the United States maintain its position.

Although we are cryptocurrency investors and what we always want is for it to get noticed or become big enough to impact the world economy. But we should be realistic that that stage has not happened yet and we have a long way to go to get there. It's sad to see that many people are quite delusional when they think that cryptocurrency can help a country eliminate poverty, reduce unemployment...Or will it help a great power maintain its dominant position.

China will not take over unless they drastically alter their stance on communism vs capitalism.

So maybe they will greatly change that above.⬆️

I doubt it will, although people keep talking about the debt, but USD is the most trustable currency as far as I know that's recognized by the entire earth.

USD won't collapse and I think people are hyperbolic about the current situation. the speculation that you've heard at the end of the day are just random speculation, not even worth mentioning since the speculator I think also have no idea.
some big investing company are selling stocks right now and convert their wealth to dollar because they know better.

I personally won't exchange my USD to gold out of the blue just because some random speculation like this though.

Absolutely right. We can’t stop other countries currencies from its huge development and take an edge over US dollar, that’s beyond US control. However, let’s not jump into conclusion that since other currencies are consistently increasing its own value and worth, the US dollar will now come to an end. Of course, it won’t be as easy as that. And if ever that happens, surely US has already prepared a back-up plan for their own currency so that they won’t see it doomed and suddenly lost its value unreasonably.

What? experts from youtube and doomsday? They're all for the clout and content and don't believe everything you say. But let's say that it is very visible that the dollar is going to collapse soon. I don't think that it will happen on an instant, the signs are probably there but it won't happen on the same day as what they're saying. And if you're asking when it is going to actually collapsed, no one knows.

All we know is that the entire world is being controlled by the banks and the FEDs that keeps on adjusting the rates so that they can at least contain the inflation rates. But are they going to keep on doing this and that's what they see as the solution to control the inflation rates? Because whatever and however they keep on doing that, that's just a temporary solution. All of these rumors of wars, oil cuts in supply and everything that's related to global issue is what makes the fall of one and the other.

Was crypto currency a problem for the US economy before? I don't see how crypto currency has in any way affected their economy; monetary policy and other financial decisions are things they need to tackle in order for them to fix whatever might be wrong with their system and not attack crypto currency, shifting the blame to where there is none. 

+1 but not enough merit to give some merit points.

Those people you see both in YouTube and Instagram are not actual professional within the science of economics, and even if they were, the most of the time it is just speculation based on the side of the debt of the United States, when compared to their wealth production or the political situation within the country.
It is true that the USD, being a FiAt currency, it was the value people assume it has, it is all about trust on the USA government to pay their debts, and so far they have not been stupid enough to mess up with their monetary reputation, hence why they continue to increase their debt ceiling, so they can pay their benefactors.

Don't get me wrong, a fall from grace of the United States Dollar is possible, but unlikely and it would not only harm the residents of the USA, by the way, it would easily start a worldwide crisis in most of the developed nations.

While the financial online world reports about the strong dollar and paints a harsh picture on its effects for mostly non dollarized countries.
Here in Bitcointalk people fantasize about its collapse.

Bitcoin and all other crypto could not exist without the $.

https://www.reuters.com/breakingviews/world-can-survive-strong-dollar-now-2024-05-13/
https://www.ft.com/content/3a985f06-35b5-4a56-91eb-4595fc71b0ad

I'm not saying China and the Yuan will replace the dominance of the US and the USD, I'm just saying that at this stage they are the most formidable opponent of the US.

Like I said, nothing lasts forever and USD is no exception, but it will take much longer for there to be a real alternative to USD dominance.

The USD is not collapsing but weakening and the rise of BRICS is proof of that as they are gradually getting rid of their dependence on the USD and that process is still accelerating.

Just because we are living in a time of USD dominance and we think it is too strong to defeat. But if you look back at history, currencies like the British pound have had similar assessments. At that time no one thought that the British pound would lose its dominance until the USD successfully overthrew the British pound.

When you hear about or listen to the videos that says that the US economy will collapse and the US dollar will collapse with it, that does not mean that you will wake up one day and you will find the dollar collapsed. This is not how things are going to happen.

Yes the US dollar will be under a lot of pressure in coming days but the US government will make each and every step to strengthen  the dollar and this thing is not going to happen overnight.  Even if we think that this will happen someday it may take a even a decade from today so do not expect things to happen overnight.

They dont mind Dollar collapse, what they would mind is a sudden loss but the actual decline and depreciation of dollar lowers the cost of debt which is gigantic and unpayable via any normal means.  So you can bet on the dollar collapse but they want it in slow motion not all at once.   Efficient markets would rather we just see dollar done in a day but deliberately with support of all other FIAT currencies around the world will stop that happening if they can  in order to maintain the status quo.

Also really weak currency will create higher rates and higher cost of debt.  To get people to buy your debt will take a higher rate of return to match the risk, the distortion here is dollar is the global reserve currency so its not happened really so far.

quote]When I checked on the internet statistics provided shows that the United States of America is still in the number one position as country with one of the largest economy in the world despite the collapse of the value of the US dollar.  Quite alright.

But then, there are substantial economic matters arising gradually or rather sharply which if not sustainably tackled could lead to the reality of what the conspiracy theories (as you had called it) are envisaging about the US economy and it's currency.
There was a time a bloc known as the BRICS wasn't in existence but now they are and are somehow waxing strong in number and if for anything at least they can't be disregarded as not a threat to the future of the US dollar.

It’s extremely unlikely that the USD collapses any time soon. I mean don’t get me wrong, inflation will continue to tear through our purchasing power, US debt will continue to spiral out of control. They will continue to put a plaster over the bullet hold though. You have a get out though to protect your wealth, buy & continue to buy Bitcoin.

When it comes to currency, I don't see China taking over from the US anytime soon, not even in a hundred years. The dollar is so much recognized at the international level to an extent that everything is measured in dollars. For a currency to top that it has a lot to do and the Chinese Yuan is doing that
People keep saying the US dollar is collapsing and the Chinese yuan will take over from it, but if the US dollar is truly collapsing as much as they say, the Yuan should have been appreciating against the dollar, but that's not the case. Which means the dollar collapse is exaggerated or both currencies are unstable.
People talk like the Chinese economy doesn't have problems of its own like only the US economy has troubles.

The dollar has become the world's currency. Almost all trades are measured in dollars including pairs with cryptocurrencies. Well maybe because of the influence of the economy it is the reason why the USD is used as the world's trade currency. When will the dollar crash, there is a time that can be explained theoretically through videos or text.
I think that the various thoughts of world economic experts make the competition in that field emerge like BRICS for the global economy.
It's all been arranged.

What kind of turbulence is the U.S economy going through? I hear so many people talking about this same turbulence, yet the U.S. economy remains the largest/strongest in the world. Meanwhile, it is the economies of so many countries around the world that is going through the turbulence you talk of, yet it seems everyone forgets about that, to wish/predict doom for the U.S and its economy.

It can be said that nothing lasts forever, including American domination. In the past, they defeated another force to dominate the world over the past 100 years, so it was only a matter of time before another country defeated them. But even if that happens, the USD will not disappear completely, it will weaken and no longer be the world's dominant currency. Just like how the USD beat the British pound to dominate the world currency, and the British pound still exists today.

The collapse of the USD will not be good for the world because it will cause a global economic collapse but its weakening will be good for the world because we will have more options when fully dependent on the USD.

While it’s possible for US dollar to collapse, but for now, it’s still highly unlikely seeing the supply and demand for US dollar is still high and strong. However, with the continuous high inflation and the current high debt of US, its future collapse will never be surprising at all. People have predicted it already, unless if US dollar will find a strong back-up that will prevent this from happening.

Never look forward or wish for that to happen since economic state of the world will be affected since dollar is center on almost all trades happened globally. That's why instead of being happy for this incident happened I guess much better for people to look forward about what's possible next action to do if there will be a global crisis will happen.

But the current situation is I guess not affecting much to the people and I guess price of USD will recover soon. Although there's a little decrease of income for those who earn dollars if they convert it to local fiat but for sure everything still manageable that's why those incident didn't much create much bigger tension. But for sure Dollars still dominate even if this scenarios which dollar value declines for a while.

No currency is irreplaceable. The reason why the US dollar is generally accepted is because of the economy of the country. If the US economy faces any major problem, it is natural for the influence of dollars to decline. Currently, the US economy is going through turbulence, and the dollar might lose its power if the economy faces a major breakdown.

Take note that the issue of de-dollarization is gaining more attention than ever before, so we shouldn't be surprised to see a new currency springing up to take the market share of the dollars in the international marketplace. The next BRICS summit is in October, and I am expecting to see these nations come up with policies that will alter the current dynamics of global economic influence.

If you mean shorter-term weakening of the dollar then it'll happen later this year. However, if you mean the TOTAL collapse of the dollar then probably won't happen for a long time (decades). It's inevitable that it WILL happen due to money printing and debasement, but it will play out of a very long period of time and suddenly it will collapse as the world loses confidence in it a reserve currency.

I'm not an American but I don't look forward to seeing the collapse of the united states' dollar, if it happens it'll not affect only Americans but the whole world at large for a very long time. Most international trades are done with US dollar and the same dollar is the major currency that is used to know the values of the whole fiat currencies as far as I know. It's the US dollar that is being used to know the value of Bitcoin in fiat so if anything like collapse of the currency were to occur it'll impact negatively on the global economy and speculations for a very long time. Despite whether there's devaluation in the dollar at anytime, it remains the most stable currency to make comparison till today. Maybe another super currency can emerge in the future from a single country of from amalgamations like the BRICS nations, but as of now and in the near future, the US dollar remains the dominant fiat currency.

Well this topic has been corrupted by idiots over the past year or two. If you want pure unadulterated information you should start by finding discussions from at least 3 years ago. The time when a small minority (actual experts) were talking about it and they were being laughed at by the same idiots who claim to be an expert today talking about the same topic.
Then follow that line to what that minority is saying today.

Otherwise since this particular topic has gotten popular, every idiot on the internet who can't even spell economy has an opinion about it. Specially on Youtube where idiots who call themselves "expert" are only seeking more views on their videos.

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So what's really happening?
I'm not an expert to explain it to you and I have already talked about this too many times in this board. But to simplify I'd like to think of today as something similar to maybe 2006. The time when the signs of the corruption was apparent for anybody with eyes who knew where to look. The time when the same number of actual experts were talking about the collapse of economy and were similarly being laughed at. A collapse that happens in 2008 and we we Bitcoiners know ever well (not that I'm suggesting we are 2 years away, just that situation is the same).

In the years leading to that collapse all the numbers the same corrupt banksters and economists that still control the US economy were publishing were showing that everything was fine. They were reporting fantastic returns and every single statistic was manipulated to reflect that. And yet nothing was truly fine and under the hood the collapse was happening slowly so the final catastrophic collapse came nonetheless in 2008-ish.

It is not something that can be predicted like this because there are a lot of factors to consider and they are changing every day. Also it is not the dollar that is collapsing, it is the US economy and also dollar or the USA won't "end" it will get weaker.
How much weaker? Impossible to predict.
When? Impossible to predict.
What is the level of catastrophe? Impossible to predict.

It all could be from something similar to the 2008 collapse all the way to dissolution of US similar to what happened to USSR. When USSR was dissolved, Russia didn't "end" nor did the Ruble or the economy of any of the members of the Union.

The Dollar value is not that much in declination.
https://www.statista.com/statistics/1404145/us-dollar-index-historical-chart/

Funny enough the author of the paranoia is already hinting from where he gets his info: YouTube.
 

Experts or anti-USA individuals? It is all just propaganda and we have been hearing about it for a very long time, yet it is other currencies that are collapsing and other countries who are either into full or partial dollarization. The U.S is going to be the world's reserve currency for a very long time and i am also of the opinion that each and every country and their economy can develop and compete, without wishing doom on the U.S and its economy.

I don't believe in the collapse of the dollar and the end of the US, it's just fud, as usual, which is now just pouring in at a high rate. We are definitely going to see big changes, especially looking at the situation with the way the government has stepped in to regulate cryptocurrencies.

The notion that the dollar is "falling" usually refers to a sharp decline in its value relative to other currencies, which may result from inflation, currency fluctuations, or loss of confidence It is still the world's currency especially hidden, which makes it a bit more complicated. The media and even experts may have the tendency to exaggerate risks, though worries about those that shatter confidence such as what if no one will accept dollars tomorrow are rightly justified; yet foreseeing accurately a real risk of collapse is highly uncertain since there too many big things looming nearby - but being considered later on in this posting - nowadays when it comes about Economics factors can influence all affairs numerous ways. Financial uncertainty is a difficult thing to navigate, so do yourself a favor and continue to stay informed as much possible but try not lose your mind at the same time when there are reasons for things: More than anything remember perception can have just as big of an impact on reality!


This is very agreeable. China is a major competition for the US as it emerged and continue to rise as global super power with also being a main member of BRICS (Brazil, Russia, India, China, South Africa). sovereign would travel them to "us ". is multifaceted and eventually America But practice speaks a different language still works itself (and who wants to analyze truthfully, must recognize) great influence through established international structures, military power and economic strength. The changing global context will not only prompt a mix of competition and cooperation among the superpowers, but each side is going to encounter unique challenges in their efforts to expand influence. Well obviously we do not know for sure what verbatim happens in the future.

I support the theory of the collapse of the USD, but honestly, it won't happen soon because looking at what's going on, it's clear that the USD is still very strong and will continue to dominate the world for a while longer. But nothing lasts forever and things will change over time and USD or US dominance will be no exception.

If we look back at the history of world currency, before the United States, we had 5 currencies of 5 different countries that once dominated the world. So it wouldn't be surprising that another country or another bloc would weaken the USD's dominance and become the new ruler.

It can be said that the most formidable opponent of the US up to now is only China and they are also one of the three founding members of BRICS. But as I said, it will be a long road ahead for those who want to overthrow the United States.

Most of these videos about the fall of the dollar are conspiracy theories that have little merit. Over the years the dollar has kept losing its value but it is still the most popular currency in the world. The majority of international trade transactions are done using the dollar. These predictions about the fall of the dollar have been around for a long time, and to date, the dollar has not been replaced by another currency in the global market.

The speculation that BRICS nations will come up with their currency contributed to the prediction of the imminent fall of the dollar, but we have not yet seen the currency. The US has the biggest economy, and it also has a stable political system, so the dollar will continue to be the primary reserve currency until a stronger currency emerges.

What is happening to the worlds internautas, there is so much doubt about the strengths of the $ around.
The Dollar allowed Bitcoin to flourish.

Meanwhile in the world:


https://www.bloomberg.com/news/articles/2024-07-31/-etb-usd-dollars-vanish-from-ethiopia-s-streets-as-residents-hoard-forex
Without paywall: https://archive.is/rYbn2

Tight governmental controls are on reason their currency is not doing well.
It forces business to purchase FIAT. A  Crypto Wholesale hub is needed to make Africa/Asia/Latinamerica wealthier

When dollar collapse ?
I keep seeing on Youtube and from experts the dooms day for USA and dollar ?
Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost.
But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom.
So are we really see dollar collapse ? And when ? 
It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.