Author

Topic: Who says $$$ is going to collapse? (Read 757 times)

kjj
legendary
Activity: 1302
Merit: 1026
March 28, 2013, 08:14:51 AM
#4
Because BTC is actually propping it up?

From what I see BTC is mainly traded in Dollars... just like Oil.

If Oil wasn't traded in $ it would not be as strong. That's why the US don't like Iran as they trade in other currencies.

The notion of oil purchases propping up the dollar price would totally make sense, in a world without FOREX.
hero member
Activity: 546
Merit: 500
hm
March 27, 2013, 06:36:17 PM
#3
Same with Apple stocks. Why do they not trade oil in Apple stocks? Then the oil price would not be that high??
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
March 27, 2013, 06:13:35 PM
#2
It is the only currency my company currently pays.
full member
Activity: 152
Merit: 100
March 27, 2013, 06:04:10 PM
#1
Because BTC is actually propping it up?

From what I see BTC is mainly traded in Dollars... just like Oil.

If Oil wasn't traded in $ it would not be as strong. That's why the US don't like Iran as they trade in other currencies.

?
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