Will Cryptos turn USA into third world country? - page 2.

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote

Immigration and divisivness will pose a bigger threat to the US than cryptocurrency ever would

immigration is reason why us economy is stable, and gets supply with labour,

i expect bitcoin and cryptocurrencies to basically wreck the usa as it is. it will lose its world super power position and collapse like the soviet union

First77

member

Activity: 266

Merit: 32

Only 8% Americans or 25,000,000 Americans have Bitcoin and bitcoin growth has stopped after super-HYIP profits of $1 to $10,000

Ineedtopee

newbie

Activity: 97

Merit: 0

I think that the effect it will have on countries economies would just be evening things out a little, so the countries with better economys might feel a bit of a negative effect while third world countries would probably experience a positive impact on their economy. As mentioned above, US government is very smart so I'm pretty sure that they would already have come up with some emergency measures for such a situation

KingScorpio

sr. member

Activity: 1470

Merit: 325

No country is more vulnerable to cryptocurrencies than the centre of the liberal empire. the US sole existance is founded on the opposition against the nazis that seeked to established a regional banking cartel, with cryptos the us is basically being peaked into its achilles verse. the us kongress can't justify having a banking cartel wich it only could with national socialism, but thats the declared devil of the usa, and so we all will se the collapse of the once big global liberal empire into a tribal society.

as soon as the usa, loses its functional financial system, the us military becomes a poor house, similar like the soviet union's red army become when it lost its currency monopoly and had to switch towards countless national currencies and the russian rubble

it will lose its dominance over the world's oil trade, without the us petrodollar,

china then will have to find new customers for its goods, which it might find easier in europe but also in africa, india and the middle east, although unlike europe the other regions are more bussy developing their country and stabilising it than, consuming goods.

how do you think will the usa transform due to cryptos?

Will bitcoin be evaluated then in chinese yuan, or japanese yen, or euros?

regards

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