Bitcoin Forum

So they take down usa dollar 2022 or its 2025?

Anyone knows ? 2021 cant becouse they use it for pushing up gold and btc .

Sounds a bit rash. A lot of index funds "balanced against the world" but 50-75% of their fund allotment into the US. This'll have to change and another country will have to rise up but this country will have to attract investors (eg not have an authoritarian or considered authoritarian government). There aren't many countries in that have some sort of democratic system that are normally more trusted by investors.

What’s economy?

Today It’s money! Tomorrow it’s not about money!
Today it’s about inflation! Tomorrow it’s about deflation
Today it’s about employment! Tomorrow it’s about underemployment!
Today it’s about interest rate! Tomorrow it’s not about interest rate!
...

Yes it’s a constant doubt between yes and no, they certainly know economy very well.

It wouldn't be taken down but it's power is weakening. Maybe for this time, we see it very weak but in the upcoming years maybe the administration of Biden would take difference from what we're seeing from it. Bitcoin is becoming strong because it's favorable for those smart investors to buy bitcoin instead of letting their money stored on dollar. They knew it that it's getting weak but it wouldn't stay there for long. If these investors, big investors would just let their money on bitcoin, we're all winning.

Not many countries trust bitcoin. Although bitcoin is trusted by investors, it does not mean that the government will accept Bitcoin as a form of asset that can replace gold or USD. Dollar has been involved in our world for many years and it is not easy to take them down. Moreover, I love the dollar somehow. And as you can see, the bitcoin price is currently related to the dollar.

Therefore, in my opinion, it must take decades for decentralization to replace the dollar. And, I think that both dollar and bitcoin can be a part of our world. They will corporate and boost our economy even further. The replacement does not always bring advantages.

Your post is pretty much incoherent gibberish with no insight whatsoever. I presume, like a few other people on this forum, you are somehow thinking that the US dollar will collapse in value within the next 5 years. It will not. It has been the worlds reserve currency for many decades now and will continue to be for many decades more. While the Euro has done well and is a contender, the UK drama has caused it's potential to weaken a bit. The US is simply a powerhouse in terms of innovation and general stability. China does not even want their currency to float freely outside of CCP control, because it would nullify large advantages they get from being able to assign its value and many countries would not accept it anyway because of lack of trust in their government.

It is true, both bitcoin and dollar are very much the benchmark price for us today, especially in the country where I live, that the price of bitcoin will be seen in dollar value, before being converted into the country's currency. So here we can see that the dollar needs to be preserved in order to maintain the value and authenticity of bitcoin.

Let's imagine that USD collapse today, can you name one currency that would take over, because I can't name any. With all the flaws in USD, US economy is still the most trusted in the world. People have been naming China's currency but you don't want a currency that the rate is fixed and being manipulated by the Central Government.

Once again we are faced with a troll who just opens a topic to open a topic, weird new wave around here. Dollar is not going to get taken down or anything, taken down would mean that world will not use dollar as the main standard calculation money, when we are calculating something global we calculate in dollars and it would mean that we are not going to have that at all.

Dollar is too powerful to let that happen, plus USA is too powerful to let that happen, do you realize how much money USA has? If anyone tries to move out of dollar and into something else, USA would literally put a tariff so big that you wouldn't be capable of getting your head out of water. So long story short, there is no way that world would ever let USA Dollar to become worthless, it will always be valued and it will always be huge, there is no way that it wouldn't be either.

There is no way the US Dollar is getting taken down in 2022 or 2025. The currency is still strong compared to other emerging market currencies. The western countries need a counter match agains the Yuan and Asian economies. Maybe bitcoins will get more important than USD but we won't see the disappearance of the USD in the near future.