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Title: once crypto crushes indebted US dollar, will america become tribal again? Post by: KingScorpio on February 18, 2019, 01:10:06 AM i have the feeling that americans have huge issues to realise the negative consequences, of a usdollar crash and an economy of cryptocurrencies in the united states,
they might get a tribal society again, like it was before the united states got united by the federal reserve, in 1765 - 1900 countless opposing groups will struggle for recognition, and if rich and hard foreign currencies exist (chinese yuan) the united states might become a poor and bloody place. when yugoslawia dropped its central bank it got a bloodbath, i wont wonder if usa gets a similar issue. regards Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: mayo2u on February 19, 2019, 03:57:52 AM i have the feeling that americans have huge issues to realise the negative consequences, of a usdollar crash and an economy of cryptocurrencies in the united states, they might get a tribal society again, like it was before the united states got united by the federal reserve, in 1765 - 1900 countless opposing groups will struggle for recognition, and if rich and hard foreign currencies exist (chinese yuan) the united states might become a poor and bloody place. when yugoslawia dropped its central bank it got a bloodbath, i wont wonder if usa gets a similar issue. regards The US isn't more indebted than Japan is? Why would it collapse as a result? And it's quite probable that China is more leveraged than the US. The US does have huge issues. But then so does China, Russia, India, Brazil, England, France, Germany and just about every other country out there. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: coins4commies on February 19, 2019, 05:42:51 AM US dollar cannot collapse unless we stop producing things. As long as there are taxes which have to be paid in US dollars, there will be demand for the dollar and thus value.
Foreign holders of debt would not benefit by dumping the dollars. Yes that would cause the dollar to dip in value but they would lose their value and it would reach a critical point at which no one would want to buy those dollars off of them. The US government has the inside track in any case because it can create new money to pay debt. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: KingScorpio on February 19, 2019, 02:59:12 PM i have the feeling that americans have huge issues to realise the negative consequences, of a usdollar crash and an economy of cryptocurrencies in the united states, they might get a tribal society again, like it was before the united states got united by the federal reserve, in 1765 - 1900 countless opposing groups will struggle for recognition, and if rich and hard foreign currencies exist (chinese yuan) the united states might become a poor and bloody place. when yugoslawia dropped its central bank it got a bloodbath, i wont wonder if usa gets a similar issue. regards The US isn't more indebted than Japan is? Why would it collapse as a result? And it's quite probable that China is more leveraged than the US. The US does have huge issues. But then so does China, Russia, India, Brazil, England, France, Germany and just about every other country out there. us is indebted to foreigners actually. japan to its own population, same is the case for germany. regards Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: squatz1 on February 19, 2019, 08:18:22 PM i have the feeling that americans have huge issues to realise the negative consequences, of a usdollar crash and an economy of cryptocurrencies in the united states, they might get a tribal society again, like it was before the united states got united by the federal reserve, in 1765 - 1900 countless opposing groups will struggle for recognition, and if rich and hard foreign currencies exist (chinese yuan) the united states might become a poor and bloody place. when yugoslawia dropped its central bank it got a bloodbath, i wont wonder if usa gets a similar issue. regards The US isn't more indebted than Japan is? Why would it collapse as a result? And it's quite probable that China is more leveraged than the US. The US does have huge issues. But then so does China, Russia, India, Brazil, England, France, Germany and just about every other country out there. Yet again, this guy (OP) is a pretty big manic with ideas that come out of his ass. I don't understand why people think the US dollar is going to fall, and crypto is just going to swoop in and take over. If USD falls, everything falls. You're talking about a currency that everyone uses around the world, and if the US has issues with banking / stock market then the rest of the world has issues as well. Crypto will die if USD dies. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: coolcoinz on February 19, 2019, 08:45:27 PM Yet again, this guy (OP) is a pretty big manic with ideas that come out of his ass. I don't understand why people think the US dollar is going to fall, and crypto is just going to swoop in and take over. This may sound unreal at first, but if we add some history to the mix it starts to acquire shape. All fiat currencies tend to hyperinflate and die at some point and their average lifespan is less than 50 years. The oldest existing currency is the British Pound, if i'm not mistaken. Most countries in the world had several currencies already, so yes, USD could die and will almost certainly die at some point. The transition can be painless, like the introduction of the Euro in the EU, or not so much, like the fall of VEF, ZWD, and many others. Will Bitcoin take over? I don't think so, but it will serve as an alternative for people scared of another great depression. Quote If USD falls, everything falls. You're talking about a currency that everyone uses around the world, and if the US has issues with banking / stock market then the rest of the world has issues as well. Crypto will die if USD dies. Banks worldwide use it, normal people don't. I live in the EU and I travel quite a lot, but I've never been to the US and I remember one time, about 8 years ago, that I held a dollar bill. It was the second time in my life. Crypto will take a huge hit if USD dies, but it won't die, just like gold won't die when a fiat currency dies. There's a fiat currency dying somewhere right now and the commodity and crypto markets remain unaffected. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: squatz1 on February 20, 2019, 12:17:15 AM Yet again, this guy (OP) is a pretty big manic with ideas that come out of his ass. I don't understand why people think the US dollar is going to fall, and crypto is just going to swoop in and take over. This may sound unreal at first, but if we add some history to the mix it starts to acquire shape. All fiat currencies tend to hyperinflate and die at some point and their average lifespan is less than 50 years. The oldest existing currency is the British Pound, if i'm not mistaken. Most countries in the world had several currencies already, so yes, USD could die and will almost certainly die at some point. The transition can be painless, like the introduction of the Euro in the EU, or not so much, like the fall of VEF, ZWD, and many others. Will Bitcoin take over? I don't think so, but it will serve as an alternative for people scared of another great depression. Quote If USD falls, everything falls. You're talking about a currency that everyone uses around the world, and if the US has issues with banking / stock market then the rest of the world has issues as well. Crypto will die if USD dies. Banks worldwide use it, normal people don't. I live in the EU and I travel quite a lot, but I've never been to the US and I remember one time, about 8 years ago, that I held a dollar bill. It was the second time in my life. Crypto will take a huge hit if USD dies, but it won't die, just like gold won't die when a fiat currency dies. There's a fiat currency dying somewhere right now and the commodity and crypto markets remain unaffected. Well yes, there is always a fiat currency dying somewhere in the world. Though none of the ones that are dying are the 'world currency' and the 'reserve of the world' We're talking about minor currencies from countries with failing monetary policies. I'm not an advocate of Fiat by the way, I'm just someone who thinks in reality (or at least I think so, and that wasn't a shot at you) Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: KingScorpio on February 21, 2019, 05:23:54 PM Yet again, this guy (OP) is a pretty big manic with ideas that come out of his ass. I don't understand why people think the US dollar is going to fall, and crypto is just going to swoop in and take over. This may sound unreal at first, but if we add some history to the mix it starts to acquire shape. All fiat currencies tend to hyperinflate and die at some point and their average lifespan is less than 50 years. The oldest existing currency is the British Pound, if i'm not mistaken. Most countries in the world had several currencies already, so yes, USD could die and will almost certainly die at some point. The transition can be painless, like the introduction of the Euro in the EU, or not so much, like the fall of VEF, ZWD, and many others. Will Bitcoin take over? I don't think so, but it will serve as an alternative for people scared of another great depression. Quote fiat currencies are trusted tools of governance, limited currencies that are being set into global market are just fixed brands, you cannot know weather a young generation starts to desire freeing itself from it there could be a global conscious shift over time, in which you (the bitcoin hodlers and shillers) just look like some idiots with some "coins" Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: coolcoinz on February 21, 2019, 06:05:13 PM Well yes, there is always a fiat currency dying somewhere in the world. Though none of the ones that are dying are the 'world currency' and the 'reserve of the world' We're talking about minor currencies from countries with failing monetary policies. I'm not an advocate of Fiat by the way, I'm just someone who thinks in reality (or at least I think so, and that wasn't a shot at you) I'm trying to be realistic as well, which is why I don't deny the possibility. I agree that your outcome is much more probable, but it's not a 99:1 scenario, probably more like 70:30. fiat currencies are trusted tools of governance, limited currencies that are being set into global market are just fixed brands, you cannot know weather a young generation starts to desire freeing itself from it there could be a global conscious shift over time, in which you (the bitcoin hodlers and shillers) just look like some idiots with some "coins" We will look much better than you, nocoiners, who missed the boat and are now preaching doom. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: KingScorpio on February 21, 2019, 09:49:16 PM US dollar, will crush for good reasons, its causing poverty in other parts of the world, and its only enriching the united states and its central bank and equity elites.
usd means nothing good for rest of the world. Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: BADecker on February 21, 2019, 10:23:03 PM ^^^ What you say is true. The USD from the Federal Reserve Bank is Ponzi money. The Ponzi grew faster than the growth of the U.S. people who are in it. That's why people of other nations are being sucked into it: to keep it alive. The ONE reason why it hasn't crashed already is, it is being used by the people for real buying and selling.
Whatever the nation, protect yourself from the Ponzi USD crash that is coming. Find ways to barter and store wealth for yourselves in anticipation of that day. In the USA, people who are preparing are called preppers. 8) Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: KingScorpio on February 21, 2019, 10:34:16 PM ^^^ What you say is true. The USD from the Federal Reserve Bank is Ponzi money. The Ponzi grew faster than the growth of the U.S. people who are in it. That's why people of other nations are being sucked into it: to keep it alive. The ONE reason why it hasn't crashed already is, it is being used by the people for real buying and selling. Whatever the nation, protect yourself from the Ponzi USD crash that is coming. Find ways to barter and store wealth for yourselves in anticipation of that day. In the USA, people who are preparing are called preppers. 8) BadDecker you are becoming one of my favorite users in this forum, you know what your name means in Englisch+German Title: Re: once crypto crushes indebted US dollar, will america become tribal again? Post by: BADecker on February 21, 2019, 10:38:30 PM ^^^ What you say is true. The USD from the Federal Reserve Bank is Ponzi money. The Ponzi grew faster than the growth of the U.S. people who are in it. That's why people of other nations are being sucked into it: to keep it alive. The ONE reason why it hasn't crashed already is, it is being used by the people for real buying and selling. Whatever the nation, protect yourself from the Ponzi USD crash that is coming. Find ways to barter and store wealth for yourselves in anticipation of that day. In the USA, people who are preparing are called preppers. 8) BadDecker you are becoming one of my favorite users in this forum, you know what your name means in Englisch+German Thank you. But it's BADecker, not BadDecker. It stands for a whole line of products that can be found in most major hardware stores in America and beyond. 8) |