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Topic: Which currency will able to replace the $$? If 3rd world war will happen! (Read 175 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I don't know about the rest of the users to post around here in the Politics and Society section of the forum, but the fact some people decide to talk about and hypothetical conflict big enough to be called WW3 in such a slight way is quite disturbing. The implications of a war of that magnitude would not be comparable to anything seen in this planet before, and because of the grade of weaponery many governments have nowadays, I would dare to say that there would not be stone over stone after the conflict and the currency to be used by anyone (assuming there would be anyone around) would be seeds, food, drinkable water and perhaps gold.

Let us not to talk about war so slightly, it is a serious manner and we all are supposed to avoid it...

OP should understand that if worldwar3 happens that a currency that'll replace US dollar, will be the least of his problems, because there'll be so much destructions that we might be thrown back to medieval or stone age. As you said, the level of weapons of mass destruction that's available now is capable of mass destructions that the few people that'll survive Will probably be living on gas masks. I doubt that there'll be any need for financial institution for a couple of decades, because as you said again, there'll probably be no stones over stones. Where will you buy and sale to warrant financial transactions, I believe that money will become worthless, because people will only be interested to hurdle food items to survive. So let's be careful what we wish for, because the aftermath might be horrible.

I acknowledge OP and nobody in this thread is actually wishing for a war to happen, I believe what they say is mostly attributed to morbid curiosity, still curiosity is not enough for me to dive myself in an exercise of imagination which will likely only end up with me suffering from fear of what the future awaits for all of us in this era when all the major power worldwide have access to weapons of mass destruction. Not only talking about atomic weaponery, which is certainly the newest, but also chemical and biological agents which will likely not leave any human being alive in entire countries.
It is rather scary and silly to even believe there would be a chance for the currency financial institutions to survive such scenario. The stock market would cease to exist, private companies would lose all their assets and governments would go so desperate that they would likely seize the wealth of corporations in order to survive as long as possible.

So,instead talking about the outcome of a war which would leave no winners, let us talk about the things which are supposed to be done, so those horrible things won't ever happen in the future.
sr. member
Activity: 588
Merit: 338
I don't know about the rest of the users to post around here in the Politics and Society section of the forum, but the fact some people decide to talk about and hypothetical conflict big enough to be called WW3 in such a slight way is quite disturbing. The implications of a war of that magnitude would not be comparable to anything seen in this planet before, and because of the grade of weaponery many governments have nowadays, I would dare to say that there would not be stone over stone after the conflict and the currency to be used by anyone (assuming there would be anyone around) would be seeds, food, drinkable water and perhaps gold.

Let us not to talk about war so slightly, it is a serious manner and we all are supposed to avoid it...

OP should understand that if worldwar3 happens that a currency that'll replace US dollar, will be the least of his problems, because there'll be so much destructions that we might be thrown back to medieval or stone age. As you said, the level of weapons of mass destruction that's available now is capable of mass destructions that the few people that'll survive Will probably be living on gas masks. I doubt that there'll be any need for financial institution for a couple of decades, because as you said again, there'll probably be no stones over stones. Where will you buy and sale to warrant financial transactions, I believe that money will become worthless, because people will only be interested to hurdle food items to survive. So let's be careful what we wish for, because the aftermath might be horrible.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I don't know about the rest of the users to post around here in the Politics and Society section of the forum, but the fact some people decide to talk about and hypothetical conflict big enough to be called WW3 in such a slight way is quite disturbing. The implications of a war of that magnitude would not be comparable to anything seen in this planet before, and because of the grade of weaponery many governments have nowadays, I would dare to say that there would not be stone over stone after the conflict and the currency to be used by anyone (assuming there would be anyone around) would be seeds, food, drinkable water and perhaps gold.

Let us not to talk about war so slightly, it is a serious manner and we all are supposed to avoid it...

I get where you're coming from and to an extent I agree, but that doesn't mean we can't talk about such hypothetical stuff.
People talk about stuff like the moon falling or the sun dying and many other hypothetical stuff like that (maybe not on the forum)

Talking about it doesn't mean they don't understand the implications. It doesn't mean they want something like that to happen. It could be that they're just thinking out loud.

No one who has the slightest idea of the impact of a war would wish for WW3. It would be a war where there would be no winners in any way. It would be too disastrous.
I also believe it's by talking about it that a lot of people who have never experienced wars and live in countries that have never had wars have an idea of how disastrous a third world war can be.

It does not necessarily have to do with people coming from countries where they have never had a civil war or a war against other neighbor countries. For example, here in my country we have had civil wars in the distant past, and yet there are people who have a very wrong mindset, mixing nationalism with a bloodthrist politic rethoric.

In the United States there is also people who talk about war and conflict, and we all know the United States is one of the countries which have been more involved in wars (they also had a civil war). The problem is the lack of education amoung the youth, who believe wars are like those they see while playing Call of duty  Roll Eyes. They believe it is as easily as shooting and taking cover and cannot imagine what is to actually have their life in danger most of the times during a campaign.

On the other hand, perhaps I simply do not like to talk about war, because it gives me the impression we are indeed getting closer to a global conflict, that is something I seriously do not want to live through...
sr. member
Activity: 686
Merit: 332
I don't know about the rest of the users to post around here in the Politics and Society section of the forum, but the fact some people decide to talk about and hypothetical conflict big enough to be called WW3 in such a slight way is quite disturbing. The implications of a war of that magnitude would not be comparable to anything seen in this planet before, and because of the grade of weaponery many governments have nowadays, I would dare to say that there would not be stone over stone after the conflict and the currency to be used by anyone (assuming there would be anyone around) would be seeds, food, drinkable water and perhaps gold.

Let us not to talk about war so slightly, it is a serious manner and we all are supposed to avoid it...

I get where you're coming from and to an extent I agree, but that doesn't mean we can't talk about such hypothetical stuff.
People talk about stuff like the moon falling or the sun dying and many other hypothetical stuff like that (maybe not on the forum)

Talking about it doesn't mean they don't understand the implications. It doesn't mean they want something like that to happen. It could be that they're just thinking out loud.

No one who has the slightest idea of the impact of a war would wish for WW3. It would be a war where there would be no winners in any way. It would be too disastrous.
I also believe it's by talking about it that a lot of people who have never experienced wars and live in countries that have never had wars have an idea of how disastrous a third world war can be.
hero member
Activity: 2660
Merit: 630
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So if there is a third war globally, yes there is a possibility for a new currency to show up because there is likely possibility of disruption of the current currency world order but that is if the US fall and losses her grip on NATO, world economy and other influences. Therefore, the currency that could emerge may come up from the newly formed BRICS organisation and not solely the ruble from Russia or yuan from China but maybe the BRICS new currency if it succeed.
jr. member
Activity: 101
Merit: 4
If world war 3 happen, there would be few survivors they would probably barter with goods, if they use some form of money it could be salt or gold. Worldwide internet would be surely be damage or non existent. During the war cables under the sea would be the first to be cut, then satellites would be targeted too. Before they start to bomb cities with nuclear bombs they would explode it on space to cause EMP that would destroy the electronics.
legendary
Activity: 3052
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Current situation of the world give us signal that 3rd world war will happen and more possibility.

We are know From the history per world war change the reserve currency  / international currency

Example:
> After World War 1, the British pound became the reserve currency
>> After the 2nd world war the U$ Dollar became the reserve currency 
>> ?
It is clear that Government want to control world and public with there currency so there are low possibility chance that crypto will take this position because government not able to control crypto/BTC.

So which currency will take the position of reserve currency /International Currency as your opinion if 3rd world war will happen.
British pound and US Dollar only become reserve currencies because they were controlled by governnment. If you want to think crypto as money, you should consider it as money of the people. Not used for reserves because they can't be controlled. And thing is, even if they couldn't control a transaction from wallet to wallet, it wouldn't mean they wouldn't control the economy and the part where that crypto is changed for goods. Because all transactions would be tracked by govenrment in a way that makes current money tracking seem kids play.

And why would US be loser in this scene in the first place? China has been rising fast, but it has issues that might take time to fix, in order to fill that role.
legendary
Activity: 1162
Merit: 2025
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I don’t think it is possible to underestimate our current government to be honest. They are either wildly incompetent or purposefully trying to destroy this country in the name of globalism. That being said, the countries in BRICS may have their issues, but controlling the world’s reserve currency and escaping the financial oppression of the United States is certainly more important for them.

I am curious though. What are your personal predictions about the advance of BRICS when comes to their development of their own international and transnational currency? How long will it take them to issue and distribute it?
How many countries do you think will start to accept it around the world together with the USA dollar?

Do you believe that if Donald Trump manages to get into the Oval office again there would be a difference about the BRICS issued currency or not?  Because they way you talk about your country (which I would have assumed you would be proud of), you make it sound there is no hope ahead to your national currency losing its international acceptance.
hero member
Activity: 3136
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I think the US dollar would still be the world currency even though the world war 3 comes to surface. The us dollar had served as the world currency for many years now and we are still feeling the impact and I don't think there is any county that would be ready to dump the us dollar and choose an unknown currency except it is a digital currency that is agreed by the world government to be used as mediums for exchange and the buying of goods and services.
While it's said that their economy is on the brink are they just going to let it go? Whoever triggers world war 3 means that they have to step up and do something for another purpose. It's not about invasion, it's not about terrorism, it's not about disputes but more of the economic war that we're seeing.

War today is different. Before it's more of invasion, and territory disputes but this time, a world leader, a strong country that's been on the lead for a very long time needs to do something for them to maintain their statute globally. Because if nothing is done, the other side is doing its expansion from all nearby countries and even the farthest one. Anyway, as we're discussing this, we know that what's the common on all of these factors, money and power.
donator
Activity: 4760
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I’m not sure that World War 3 will make a difference in the global reserve currency but there are obviously those trying to replace the dollar anyway for a variety of reasons. Right now the big competitor on the rise seems to be the BRICS currency, which is a real threat for taking a majority of global trade away from the United States Dollar.

OgNasty. You should be relieved to know that the BRICS officially issuing a global and multinational currency is very unlikely to happen. You know why? Because even among those BRICS members which seem to be powerful and have a anatognistic relation with the United States, they still have problems amoung each other. Take for example China and India, which are the bulk of the Economical power of the BRICS, to this day they still have conflicts over their border in the Himalayas, to the point they have had clashes.

How are they supposed to try to dethrone the USA economical if they can't even get along and solve territorial problems and conflicts? You may be underestimating your government.

I don’t think it is possible to underestimate our current government to be honest. They are either wildly incompetent or purposefully trying to destroy this country in the name of globalism. That being said, the countries in BRICS may have their issues, but controlling the world’s reserve currency and escaping the financial oppression of the United States is certainly more important for them.
legendary
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It depends on many things, like which countries will come up on top. Germans lost the last war, so there was no way for them to dictate any terms, but think of what would happen if they won. We'd all be speaking German and hold German Marks in our wallets.
When such conflict happens the world will divide and we don't know between which countries. One thing is fairly certain that NATO, EU and Israel would be on one side, along with Japan, Australia, South Korea, Taiwan... Russia, Belarus, China and North Korea would most likely form the opposition, with Iran and Syria.

Some of you say that Chinese currency would replace the USD in such situation and I don't think so. I really doubt the group lead by China and Russia could defeat the rest of the world. If the world happened today and China and Russia decided to conquer the US, they wouldn't be able to do it, even if there was no other country helping. There's very little chance of a world war happening ever again because it's impossible to beat any of these big alliances.
sr. member
Activity: 1008
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I don't see any currency replacing the USD anytime soon. And as the head the US will have more control over nations than any other country as long as the world last and her currency will be mostly in use globally and as a reserve currency.
I think the US dollar would still be the world currency even though the world war 3 comes to surface. The us dollar had served as the world currency for many years now and we are still feeling the impact and I don't think there is any county that would be ready to dump the us dollar and choose an unknown currency except it is a digital currency that is agreed by the world government to be used as mediums for exchange and the buying of goods and services.
hero member
Activity: 3038
Merit: 634
It is clear that Government want to control world and public with there currency so there are low possibility chance that crypto will take this position because government not able to control crypto/BTC.
The thing and question is, which government?

So which currency will take the position of reserve currency /International Currency as your opinion if 3rd world war will happen.
As much as I don't want to see another war triggers but if there are signs already, still, I don't want to see it happen anytime soon. But in regards to this, we've seen that there will be more members of the BRICS this coming 2024.

So with that, as speculation by many, Chinese RMB is what they think that shall emerge. Anyway, isn't it that Xi and Biden had met already?
Ucy
sr. member
Activity: 2674
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I don't see any currency replacing the USD anytime soon. And as the head the US will have more control over nations than any other country as long as the world last and her currency will be mostly in use globally and as a reserve currency.
legendary
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The answer to this question should be Bitcoin but the actual answer is that nothing will change with regards to the World Reserve Currency for now even if there was an official WW3. It will still be the USD & they will print it into oblivion before another fiat currency takes over the USD.
full member
Activity: 448
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The concept of World War III is a very serious and relatable topic, and it's understandable that people might feel anxious and curious about it. However, it is difficult to predict with certainty which currency will take the position of reserve currency or international currency during World War III. Historically, the US dollar has been the dominant reserve currency, but there are several possibilities for replacement, including the euro, the Chinese yuan, and even a new digital currency like bitcoin. The outcome will depend on the respective economic and geopolitical stability of the countries involved in the conflict, as well as potential alliances and agreements formed during and after the war. I think any significant change in reserve currency status will be the result of long-term structural changes rather than a single event like a war.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
I’m not sure that World War 3 will make a difference in the global reserve currency but there are obviously those trying to replace the dollar anyway for a variety of reasons. Right now the big competitor on the rise seems to be the BRICS currency, which is a real threat for taking a majority of global trade away from the United States Dollar.

OgNasty. You should be relieved to know that the BRICS officially issuing a global and multinational currency is very unlikely to happen. You know why? Because even among those BRICS members which seem to be powerful and have a anatognistic relation with the United States, they still have problems amoung each other. Take for example China and India, which are the bulk of the Economical power of the BRICS, to this day they still have conflicts over their border in the Himalayas, to the point they have had clashes.

How are they supposed to try to dethrone the USA economical if they can't even get along and solve territorial problems and conflicts? You may be underestimating your government.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I’m not sure that World War 3 will make a difference in the global reserve currency but there are obviously those trying to replace the dollar anyway for a variety of reasons. Right now the big competitor on the rise seems to be the BRICS currency, which is a real threat for taking a majority of global trade away from the United States Dollar.
sr. member
Activity: 476
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I don't think that it will be possible for there to be World War 3, because it will be the worst of human history. If will might happen, it wouldn't be in this generation because what the current generation is doing is to make sure that peace can come back to those countries that there have ongoing war. We shouldn't pray for war because it is not a good thing to experience.

The currency will depend on who becomes the world power after the war and that nobody can say. If US is still in power then the USD will still remain the world currency.
full member
Activity: 948
Merit: 105
There are concerns about viability of a large scale multinational war as number of people willing to fight and the number overall is dwindling.
The Russia vs Ukraine fight has stalled just because no one want's to die for others power projection.
There could be local conflicts. Palestine vs Israel, China vs Taiwan, but there are lesser and lesser external governments trying to go all in.

US even though has more political and social conflict now than ever, they would still be the largest economy and power for the time being. They don't have immediate threats, the immigrants flooding US are more compatible and they would keep spending money to weaken any of it's rivals. USD would rule at least our lifetimes.
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