If one currency crashes, another should rise, obviously.
If the dollar crashes, it will likely take many markets with it, including probably most other fiat currencies.
Gold, silver and bitcoin (and probably some altcoins) will benefit greatly in this case.
So yes, if the dollar crashes, bitcoin will explode in a good way.
Topic: What if US Dollar Crashes? - page 35. (Read 57115 times)
i dont think this will happen but if it happens it will be really beneficial for bitcoin currency,and bitcoin value will increase to thousands of dollars
That would be fine with me because I am not using dollar and I am not from the US. I think in the future dollar will really collapse because the majority of people will decide to go full digital and they don't want to be govern by the corrupt government anymore.
You are a fool if you think this wont effect you.
Every other country in the world is invested with the USD, so if youre in any of the major countries that have ties with the US youre in the same boat.
The levels maybe different on impact, but you`ll still feel it like how it was back in 2008 but way worse.
For me, it's impossible US Dollar would crashes. Even if it crashes, other currency will take over US Dollar place, like Euro or Yuan.
I don't think bitcoin could replace it.
I don't think bitcoin could replace it.
Fiat will just be replace by fiat also,when the dollar crashes most likely the euro will replace it as the top fiat currency in the world.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
And that is the problem we have to make it more popular to make it more used and than we can talk about crash.
Well described about the crash. In my opinion bitcoin directly or indirectly have some dependence upon dollar. So if dollar crashes its also a crash in value for bitcoin. So lets hope no such incident happens.
For me, it's impossible US Dollar would crashes. Even if it crashes, other currency will take over US Dollar place, like Euro or Yuan.
I don't think bitcoin could replace it.
I don't think bitcoin could replace it.
Fiat will just be replace by fiat also,when the dollar crashes most likely the euro will replace it as the top fiat currency in the world.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
And that is the problem we have to make it more popular to make it more used and than we can talk about crash.
That would be fine with me because I am not using dollar and I am not from the US. I think in the future dollar will really collapse because the majority of people will decide to go full digital and they don't want to be govern by the corrupt government anymore.
If the US dollar crashes, the US will create its own new digital currency. One in which they will have even more control over for manipulation purposes and with increased ability to follow every cent and thus the ability to better keep tabs on all users. I would not be surprised if they already have such currency ready to roll out when the inevitable happens.
I doubt if they can make it popular in a short period of time...
The probability of this if usd will crush down, most people will no longer trust government(this affects their new plan of making a new fiat with their system).
But if they can control media they can put all good shits info and expectation about the new fiat and probably more people are going to be easily persuaded and will use it(the new currency).
In simple terms, the US Dollar became one of, if not the largest carry trade in the world. Globally the US Dollar carry trade is believed to be north of $3 trillion.
The US Dollar rally has become a BIG problem for a financial system awash in borrowed Dollars. If the $3 trillion carry trade begins to unwind we could very well see a spike similar to that which occurred leading up to 2008.
You are saying right in some aspects but I think US Dollar rally has some advantages for many economies and changing it has many unpredicted negative effects. The US Dollar rally has become a BIG problem for a financial system awash in borrowed Dollars. If the $3 trillion carry trade begins to unwind we could very well see a spike similar to that which occurred leading up to 2008.
If the US dollar crashes, the US will create its own new digital currency. One in which they will have even more control over for manipulation purposes and with increased ability to follow every cent and thus the ability to better keep tabs on all users. I would not be surprised if they already have such currency ready to roll out when the inevitable happens.
if US Dollar Crash will crash we will see financial armagedon,US dollar is reserve currency of almost all countrys of the world,it will be like tsunami
The chance is really small that the US Dollar can crash and that is because it is still many used so that is nice for the dollar itself and you see of course that Bitcoin is getting more used and that is nice.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
Yes, a dollar crash is possible but US can recover it also in a span of months.When these crisis happens, its also an opportunity for investors, as the economy recovers, they also gain.
When people talk of a crash here, they mean a permanent crash where the dollar is replaced by some other currency as the world's reserve currency.
In that case, a lot of turbulence can be expected until a new currency becomes the accepted favoured currency.
The chance is really small that the US Dollar can crash and that is because it is still many used so that is nice for the dollar itself and you see of course that Bitcoin is getting more used and that is nice.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
Yes, a dollar crash is possible but US can recover it also in a span of months.When these crisis happens, its also an opportunity for investors, as the economy recovers, they also gain.
It never will occur because the USA has proven to be too strong to overcome each of its critical situations, and every crisis seems to be useful to strengthen its economy. At least while America keep its current power, the greenback will remain as the most powerful and stable currency of the world.
For me, it's impossible US Dollar would crashes. Even if it crashes, other currency will take over US Dollar place, like Euro or Yuan.
I don't think bitcoin could replace it.
I don't think bitcoin could replace it.
Fiat will just be replace by fiat also,when the dollar crashes most likely the euro will replace it as the top fiat currency in the world.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
People only see this way based on government spending and the deficit.
But theres no point on a speculating if the us dollar will die, and if it does die it pretty much screws everyone who holds it.
At that point I dont know what to say but another possible world war.
For me, it's impossible US Dollar would crashes. Even if it crashes, other currency will take over US Dollar place, like Euro or Yuan.
I don't think bitcoin could replace it.
I don't think bitcoin could replace it.
Fiat will just be replace by fiat also,when the dollar crashes most likely the euro will replace it as the top fiat currency in the world.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
Till bitcoin become the most used payment method it will need to became mainstream and just them it will be able to explode against the others ways,but there is something i hope that happens but not sure if this is going to happen soo soon.
For me, it's impossible US Dollar would crashes. Even if it crashes, other currency will take over US Dollar place, like Euro or Yuan.
I don't think bitcoin could replace it.
I don't think bitcoin could replace it.
Fiat will just be replace by fiat also,when the dollar crashes most likely the euro will replace it as the top fiat currency in the world.
But one thing that I can say for sure is that Bitcoin will be the most used payment method in the future.
In simple terms, the US Dollar became one of, if not the largest carry trade in the world. Globally the US Dollar carry trade is believed to be north of $3 trillion.
The US Dollar rally has become a BIG problem for a financial system awash in borrowed Dollars. If the $3 trillion carry trade begins to unwind we could very well see a spike similar to that which occurred leading up to 2008.
The US Dollar rally has become a BIG problem for a financial system awash in borrowed Dollars. If the $3 trillion carry trade begins to unwind we could very well see a spike similar to that which occurred leading up to 2008.
Tbh, the US want it to crush but it is not going to happen. USD is getting used as a worldwide currency and that makes it hugely powerful because of its popularity. When a 3rd world country gotten into an economic crisis USD prices goes through the roof. Everybody attacks USD because they think it is safe.
That harms the US's export deeply.
But I think its positive effect for us economy is much more than its negative effect and if you want to consider all aspects it helps the export. That harms the US's export deeply.
Tbh, the US want it to crush but it is not going to happen. USD is getting used as a worldwide currency and that makes it hugely powerful because of its popularity. When a 3rd world country gotten into an economic crisis USD prices goes through the roof. Everybody attacks USD because they think it is safe.
That harms the US's export deeply.
That harms the US's export deeply.
I think US dollar will be destroyed only if there any other currency come into the world economic field, and I think other currencies are currently not that much stronger that it compete dollar, but in online world bitcoin has a chance to replace the dollar.
Yes and since currently the dollar is the strongest currency and us has nearly the biggest economy if it crashes it may lead to some financial crisis. Jump to: