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Topic: What if US Dollar Crashes? - page 44. (Read 57086 times)

newbie
Activity: 26
Merit: 0
November 12, 2015, 04:46:16 PM
#90
If the dollar crashes, the internet will definitely be affected which will affect Bitcoin.
hero member
Activity: 560
Merit: 500
November 12, 2015, 04:44:52 PM
#89
If the economy dies and the dollar is no longer any good, you have gold. Great, its worth will only be as good as the individual that trades for it wants it to be. You can not eat it or use it. If we get to that point we have no economic system in place then gold will also be useless. Food, water, bullets and TP will have more value than gold
sr. member
Activity: 294
Merit: 250
November 12, 2015, 04:00:35 PM
#88
really hard to magine that,but everything could happen.. and if UD  Dollar crashed,i think will affect to other currency,maybe bitcoin will rise up to $1000  Grin
hero member
Activity: 616
Merit: 500
1BkEzspSxp2zzHiZTtUZJ6TjEb1hERFdRr
November 12, 2015, 02:45:23 PM
#87
Dollar is only worthless piece of cotton paper powered by hot air from corrupted politician mouths and backed up by armor and guns. Bitcoin is currency of free people powered by internet and backed up by free market so in my opinion it is matter of time when Dollar sinks and Bitcoin take his position of strongest world currency.
member
Activity: 77
Merit: 10
November 12, 2015, 12:19:48 PM
#86
Well that is just 1% that can happend.

But if it happend I don't know the answers I hope something Nice for BTC.
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
November 12, 2015, 10:52:44 AM
#85
Don't think this will happen any soon

But pretty much if the US dollar crashes most of the currency in this world will crash

I don't think any will survive

Hmm well the USD lost 99% of its value over the last century..  funny thing it looks like rice, beer, cigarettes, and silver are still around. 
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
November 12, 2015, 10:51:55 AM
#84
it's something that won't happen in the near future, if ever. the us government will do everything to make sure it won't crash. if they have to set their money printers to work harder than they do now, they will surely do it. they will keep stretching it for ever.

You assume there is a guy called "the US government".  There isn't such a guy. 
newbie
Activity: 41
Merit: 0
November 12, 2015, 08:51:15 AM
#83
Don't think this will happen any soon

But pretty much if the US dollar crashes most of the currency in this world will crash

I don't think any will survive
legendary
Activity: 896
Merit: 1000
November 12, 2015, 08:45:58 AM
#82
it's something that won't happen in the near future, if ever. the us government will do everything to make sure it won't crash. if they have to set their money printers to work harder than they do now, they will surely do it. they will keep stretching it for ever.
legendary
Activity: 1066
Merit: 1050
Khazad ai-menu!
November 12, 2015, 08:31:33 AM
#81
It will be more than disaster if the US dollar collapsed. It would be much worse than the Great Depression, and because of the size of our economy it would be even worse than the economic collapse of the past. It would cause a ripple that would have a devastating affect on the world-wide economy and at the end the entire world economy will be collapsed.

It would be better than celebration if the US dollar collapsed.  It would be much better than the Enlightenment, and because of the size of our economy it would be even better than the great victories and transitions to prosperity and progress of the past.  It would cause a ripple that would have a devastating effect on the world-wide forces of destruction and the entire world will be buoyed to new heights. 






sr. member
Activity: 344
Merit: 250
October 02, 2015, 07:23:38 AM
#80
It will be more than disaster if the US dollar collapsed. It would be much worse than the Great Depression, and because of the size of our economy it would be even worse than the economic collapse of the past. It would cause a ripple that would have a devastating affect on the world-wide economy and at the end the entire world economy will be collapsed.
full member
Activity: 196
Merit: 100
October 02, 2015, 06:07:15 AM
#79
if the US dollar were destroyed, probably could replace bitcoin
because bitcoin is now one of the digital money that attracted worldwide attention  Cheesy
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
October 02, 2015, 05:00:27 AM
#78

No way, dollars is very stable right now. If it does, the whole world's economy will crash in some sort.

other version of dollar died
https://www.youtube.com/watch?v=2N8gJSMoOJc

this is a hystory of dollar died, and im sure in future dollar will be died again
sr. member
Activity: 672
Merit: 253
October 02, 2015, 03:12:41 AM
#77
No way, dollars is very stable right now. If it does, the whole world's economy will crash in some sort.

Yes it is stable for now, but later who will know? It will crash if there are some other currency that can replace it, may be bitcoin will be nominated  Grin


Yes. 90% of the world's trade is being conducted in the USD. And also, most of the countries sell their debt to institutional investors in the form of treasury bonds, which are denominated in the US Dollar. If the US Dollar collapses, bond holders will lose some $58 trillion in government debt, as well as trillions of USD in debt which is owed by big corporations, such as Gazprom and Rosneft.

Indeed 90% or more may be, but dont you think others currencies are becoming stronger and stronger that will affect USD and this time bitcoin is going to make his movement. Do you think one day USD is going to be replaced by others(including bitcoin)?

The only currency with anywhere near real potential to challenge the U.S. Dollar right now is the Chinese Yuan, and China's rate fixing, which is something that will likely go on for a long time, destroys the Yuan's prospects.
legendary
Activity: 2926
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
October 02, 2015, 03:01:17 AM
#76
If dollar crashes out, then alternate investments will boom exponentially.
So, there is a good sign if dollar falls for bitcoin. People will rush into bitcoin to make their money shifted into another safer place for long run. So, any time of negative things in traditional environment will lead to a bitcoin boom.
sr. member
Activity: 476
Merit: 250
U will never know the true answer, before you try
October 01, 2015, 11:43:08 PM
#75
I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?

Are you forget about this day ?
Game Over! Dollar Dead! Gold $7000
https://www.youtube.com/watch?v=onQIibjVf9U
full member
Activity: 224
Merit: 100
☆☆☆☆☆☆☆
October 01, 2015, 11:40:52 PM
#74
if US dollar crashes, bitcoin will crashes too? i think it will  Cheesy
but hopefully wont.
legendary
Activity: 2044
Merit: 1005
October 01, 2015, 01:19:47 PM
#73
USD will not be crashing anytime in our lifetime.  We can hope and hope that Bitcoin surpasses the USD but, we probably will not see it happen in our lifetime, or our kids lifetime.  If bitcoin survives that much then maybe it will 200 years down the road.
-1%
hero member
Activity: 784
Merit: 1000
October 01, 2015, 01:10:13 PM
#72
USD will not be crashing anytime in our lifetime.  We can hope and hope that Bitcoin surpasses the USD but, we probably will not see it happen in our lifetime, or our kids lifetime.  If bitcoin survives that much then maybe it will 200 years down the road.
legendary
Activity: 2044
Merit: 1005
October 01, 2015, 01:07:13 PM
#71
USD is the closest thing we have to Ideal Money as defined by the late John Nash. Bitcoin has potential to be the asymptotically closest thing to Ideal Money closer than USD but it remains to be seen if it can live up to its potential (depends on how the world accepts it or not).

If USD goes down it will need a successor such that it is not susceptible to the same fallacies that caused USD to crash (inflation targeting). There is nothing that I can think of outside of Bitcoin that can do this.
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