Topic: USD will crash before BTC - page 2. (Read 827 times)

Or maybe this is just one warning we all need to heed. The world economy is a big thing you know.

Only a few people will say this and nobody will believe and then one day it will all turn out to be true.

I think what you have said is for me the best solution to this issue mate. I can also see that when fiat is affected by economic crisis it will crash like hell and  we don't want that to happen as it will be having less value as crisis would go deeper. The safest thing for me is that converting our fiat money into Bitcoin  will makes any sense. We all know that there is a manipulation of prices and crypto has a volatile market with high risk but we also have to accept the fact that there is always a bounce back with high return and we fully have control over our funds.

Funny how the folks posting this kind of comment offer zero rebuttal using facts, data, charts. Nothing.

They just take a swipe and leave. "OP is crazy, so bye". I've posted PLENTY of charts, data, correlations showing how the FED money printing activities have a nearly perfect 1 correlation to stock market performance!

When the FED stops printing money, the system collapses, simple as that. Refute this fact!


USD is the world's reserve currency right now. China has USD as international reserves. Obviously it's the strongest currency out there as of now. But things will change quickly and drastically soon. World debt is a 250+ trillion dollar bomb. FED money will become worthless unless this debt is dealt with.

I've provided PLENTY of charts and data in other threads. The correlation between FED activity and stock market activity is nearly 1 to 1. The FED controls the stock markets today.


The debts show how the current system is flawed. Debt discussion is not related to cryptocurrency adoption. My point is that we're living a ponzi scheme where debt is generated day and night and that this will eventually lead to the demise of the US Dollar.

When people finally notice the fact that the FED prints money whenever they feel like it and that everyone else works 9 to 5 for decades just to feed 15 bankers, that's when the system collapses.

Its Difficult not too agree with you!! but the financial world is just a puzzle always going to have its down time, just dont be cut on the wrong side

The sad thing about economics is that the system is built upon making more and more debt to get bigger and bigger because of the inflation. Your 100 dollars will be able to buy 100x things today whereas in 10 years your 100 dollars will be capable of buying only 50x things instead of 100x, which means you need your 100 dollars to be 200 dollars in order to keep your 100x buying power steady and for that to happen you need to make more money and in order to make more money you need to get bigger and in order to get bigger you need to make a debt and pay that debt with the extra income you make.

This circle and cycle is infinite and everyone gets into this cycle and it is impossible to get away from it unless you somehow move to some farm and make your own things and live off the grid. Hence we are not going to see any improvements anytime soon unless system changes.

So what’s your main point? Are you trying to say if the wild should switch to cryptocurrency those debts wouldn’t be there to be paid? Lol. It’s quite funny how some of you think. Even if the whole world decides to make use of cryptocurrency, nothing changes at all, things will still continue the way it is normally and you will even pay more tax, and countries will still continue to be in debt, it changes nothing.

bitcoin will then be evaluated in euro, and if the euro banksters are gambling and fail to keep trust with the european population, then euro disappear next. it all becomes then about the attention hack and the index authority. which index will people take serious.

Totally agree with this statement

The topic starter obviously doesn't know a thing about modern finance but still makes very bold claims about an imminent dollar collapse, without providing any valid reasons. People have been making such claims for literally decades by now but the dollar is still well and kicking. Whoever is going to challenge that fact may want to first look at the USDX index which shows the strength of the US dollar against a basket of major fiat currencies

Seriously doubt this statement.  In fact, I'd go as far as to say this topic is an attempt at FUD as there is absolutely zero indication that the USD will crash anytime soon.
If anything, we will see the price of BTC continue to take a mass hit before the US dollar dwindles in value.
I just posted a thread about this- I suggest you check it out for your own self awareness!

Safe assets are unlikely going to crash soon. There are expectations by famous economists about craz inflation rates but increasing debt level doesn't mean devauled greenback. Btc is totally another level and no need to compare with  national currency.

I am not jjjfff but I imagine as long as dollar becomes more and more devalued the price of bitcoin suppose to go up.
If american markets and the american dollar drops constantly that means the limited bitcoin should be going up just like gold. Look at the price of gold for example in the previous 100 years, the more inflation destroys the economy of a country the higher gold prices becomes, 2008 being a great example of it.

As soon as government allowed a 800 billion bail out, gold prices skyrocketed. Which means if bitcoin manages to be a comoddity like gold than inflation works for us. Debt and consequences could only cripple the american economy and that means money will become less valuable. Think of a world where water is 100 dollars and a burger costs 800 dollars, in a world like that bitcoin won't be 4 thousand dollars, it will be much much more.

I've mentioned this before on other threads : the only thing missing for BTC to become a worldwide currency is widespread adoption.

As soon as everyday things can be paid by BTC, Bitcoin will explode. I don't mean a specialized coffee shop or a trendy airport shop that accepts Bitcoin as a novelty, I mean everyday stuff like food, utilities, taxi and so on.

The transition from the fake ponzi economy we're living in to a transparent system like Bitcoin will be gradual. The dollar won't disappear just like that.

More and more people will see the light. The ponzi scheme we're all living in. 7 billion people living under the control of 15 banking families who get to print money while the rest of the world works 15 hour days. This will collapse and then people will place their savings into gold and Bitcoin IMO.

And then during the collapse people will start to ask each other hey can I pay you that debt in Bitcoin? Can I pay this month's rent in Bitcoin? Can I pay for this food in Bitcoin?

That's when the definitive change will begin IMO.

I have a question to you jjjfff. Don't get me wrong I wholeheartedly agree with you about the debt and the consequence on the US dollar, however my question is: how do you imagine that Bitcoin will not collapse if the US dollar does?

Unfortunately I still think Bitcoin is much more fragile than a fiat currency such as USD. This would be insanely good news for some of us here if Bitcoin remained strong in such scenario, but I cannot see happening.

Curious to hear your thoughts.

Its true that dollar is like a ponzi scheme and the goverments could keep making money as much as they want to, in order to make a stable economy (atleast thats what they said)  but i do think dollar is still strong and it would take a lot time for it to crash, cause so many people still depends on dollar and still use it for transactions.

This stock market is not very good for trading because they have a platform that is not open and has a game price there is very high so you should be careful when you want to trade there, while for USD when it collapsed, the price of Bitcoin will also collapse because some people who buys bitcoin using usd will sell bitcoin and save its assets in USD.

Please consider what this diagram shows

Who is going to repay them,who give those debts to all those countries,so who all are we are working under.Most developed countries also having debts and underdeveloped countries too.SO one day the FED bubble will burst and at that time the cryptos might replace it.

Yeah, it will never become zero balance because government will continue to borrow money for some reason and it will doubled the debt, until the next generation. They can print more money and yet the Debt rate is very high. I'm wondering if there's any country that has no debt at all? Maybe none and soon the world financial crisis will happen again. I'm slowly realizing how bad our banking system are, and yet our government still encouraging everyone to use bank, maybe so they can have more money for their own interest and make their business grow while the savers are still poor.

 I think it is normal for countries to have a large debt. We should not overdo this. Currently developed countries such as China and the US are in debt to some countries. But that seems to be their development fee. No one can claim that debt because the US and China have helped many other countries grow. That is the opportunity cost. Do not be too important it.

When the US dollar implodes, the rest of the fiat currencies will follow, so people will basically be forced to add value to Bitcoin similarly to how people add value to Gold. I'm certain that people will not even think a second about getting rid of their Bitcoins, because that's the only thing they have allowing them to transact conveniently without having to revert to Gold that's not allowing you to transact conveniently.

Even if people do not believe in Bitcoin, just for the sake of preparing for the worst case scenario, it makes sense to hold at least a chunk of it. It's better to own Bitcoin without needing to use it as worst case scenario money, than to not have it and late figure out that you need it.