What will happen to BTC & the rest of crypto if the US will default on its debt?

[cryptosize]

Honestly, it's all just baseless speculation, the possibility of US default is impossible, they have built their empire since the 2nd world war and it must be said that they are so powerful that no one can break their monopoly.

Really?

History has taught us that all empires fall eventually...

Ancient Rome, Byzantine, Ottoman Empire. See a pattern here?

Even global reserve currencies tend to change like clockwork every century (Portugal, Spain, France, Great Britain, USA, China and/or BTC coming next?).

No one wants war to happen

Not true.

WEF wants a war to advance their Great Reset agenda (Putin has been invited by WEF many times before the Ukraine war started). They're not as romantic as you are. They are ruthless and thirsty for power/total domination.

"The powers that be" also wanted a war 80-100 years ago and it happened (WW1/2).

History repeats all the time. It's a huge fractal, just like the stock/crypto market.

[TheGreatPython]

Assuming US will default on loan means there is a serious economic crisis or they are in war. Crypto market will surely plummeted since US controls a significant protion of global economy and its a major disaster that they will defaulted on there loan. I know some of us will think that price will pump if this happened since people will find alternative currency to get out on USD but the actual scenario will be worst and I think people will still choose different currency as first option rather than Bitcoin since the world will surely in panic when that time comes.

But what if they default the loan intentionally and there are no wars and other serious economic crisis? Therefore I don't think crypto will collapse but U.S dollar might be since many are going to dispose it due to their hate in the U.S and like you said, people will look for alternatives and they may consider crypto so cryptos value can feel an increase after that.

I don't think the world will panic because of it but if they do then any markets can get affected with it including the cryptos. For now, let us wait if what will be the decision of the U.S but I still believe that they will pay whatever debts they have as I see them as a strong and rich country.

[davis196]

I know that folks like Warren Buffett / Alan Greenspan told us the US will never default on its debt but just in theory, how much impact the default will have on BTC and crypto? Should we even worry that "printing" will stop?

https://www.yahoo.com/video/warren-buffett-explains-the-simple-reason-why-the-us-will-never-default-on-its-debt-185105213.html

Option 1.
USA defaults. The US dollar value crashes and the people in the US will start buying any asset they can in order to get rid of their dollars. Maybe some of them will buy Bitcoins, so the Bitcoin price could go up.
Option 2.
The USA defaults, so the foreign and domestic creditors, who own US bonds will go bankrupt and this will start a global recession/depression.
This would lead to massive price crashes on all financial markets, including the cryptocurrency markets. This means that the Bitcoin price might crash as well.
Those two options are hypothetical and I really don't know what will happen if the USA defaults.

[Ayers]

Assuming US will default on loan means there is a serious economic crisis or they are in war. Crypto market will surely plummeted since US controls a significant protion of global economy and its a major disaster that they will defaulted on there loan. I know some of us will think that price will pump if this happened since people will find alternative currency to get out on USD but the actual scenario will be worst and I think people will still choose different currency as first option rather than Bitcoin since the world will surely in panic when that time comes.

But what if they default the loan intentionally and there are no wars and other serious economic crisis? Therefore I don't think crypto will collapse but U.S dollar might be since many are going to dispose it due to their hate in the U.S and like you said, people will look for alternatives and they may consider crypto so cryptos value can feel an increase after that.

I don't think the world will panic because of it but if they do then any markets can get affected with it including the cryptos. For now, let us wait if what will be the decision of the U.S but I still believe that they will pay whatever debts they have as I see them as a strong and rich country.

if they intentionally default on their debt, they certainly have a bigger plan behind them, not simply defaulting to harm themselves, while they are the number 1 power in the world. so in case they do it on purpose, crypto will not be an option for everyone unless the US government controls it or they want that to happen

the US is the country that owns the USD printer, and the USD is dominating the world, so they can print as much as they want to pay off their debt. in other words they are the country that exports inflation to other countries

[cryptosize]

if they intentionally default on their debt, they certainly have a bigger plan behind them

Yes, they (WEF) do have a bigger plan... it's called "The Great -Currency/Debt- Reset".

They will introduce CBDCs after fiat currencies collapse (due to hyperinflation).

They will erase ALL debt (public/private), as long as you concede your property rights (houses, cars etc.) to them (WEF techno-feudalists).

[justdimin]

if they intentionally default on their debt, they certainly have a bigger plan behind them, not simply defaulting to harm themselves, while they are the number 1 power in the world. so in case they do it on purpose, crypto will not be an option for everyone unless the US government controls it or they want that to happen

the US is the country that owns the USD printer, and the USD is dominating the world, so they can print as much as they want to pay off their debt. in other words they are the country that exports inflation to other countries

That is the key, US has a lot of power, and even during this period we have seen Europe go into recession earlier, and we have seen 1 euro being equal to 1 dollar even though euro is used by all of Europe (almost) and dollar is based on just one nation. That should tell you how big dollar is and how strong USA is, and that should be something we need to address because we cannot allow just one nation to be that strong. It just doesn't make sense to give them that much control over the world and do whatever they want.

The debt is a good proof, everyone trusts them so much and have no other option that, they accept USA with so much debt, which is unacceptable.

[posi]

if they intentionally default on their debt, they certainly have a bigger plan behind them, not simply defaulting to harm themselves, while they are the number 1 power in the world. so in case they do it on purpose, crypto will not be an option for everyone unless the US government controls it or they want that to happen

the US is the country that owns the USD printer, and the USD is dominating the world, so they can print as much as they want to pay off their debt. in other words they are the country that exports inflation to other countries

That is the key, US has a lot of power, and even during this period we have seen Europe go into recession earlier, and we have seen 1 euro being equal to 1 dollar even though euro is used by all of Europe (almost) and dollar is based on just one nation. That should tell you how big dollar is and how strong USA is, and that should be something we need to address because we cannot allow just one nation to be that strong. It just doesn't make sense to give them that much control over the world and do whatever they want.

The debt is a good proof, everyone trusts them so much and have no other option that, they accept USA with so much debt, which is unacceptable.

I think the EU countries are aware of this but sadly after the 2nd world war most of the countries in the EU region depended on the US from economic to military and now they know the US is taking advantage of them but they have no choice. Inflation is happening all over the world but with the high USD rate, this is good for the US. Countries that owe the US are paying more than they used to. I don't like China because they really are not much better but with the rise of China, hopefully world power will be more balanced when America alone controls the world.

[FanEagle]

I think the EU countries are aware of this but sadly after the 2nd world war most of the countries in the EU region depended on the US from economic to military and now they know the US is taking advantage of them but they have no choice. Inflation is happening all over the world but with the high USD rate, this is good for the US. Countries that owe the US are paying more than they used to. I don't like China because they really are not much better but with the rise of China, hopefully world power will be more balanced when America alone controls the world.

Europe do not "need" USA, but it just works better for them financially, and they all come from the same Roman times western ideology that works for them. Rome was a period where people realized they could have their own voices heard, even when there were kings in Rome, they would kill them to bring it to republic all over again, so they realized long time ago that it is the people that matters, Europe and USA have that in common.

In other parts of the world the king was the one that mattered, they worshiped kings like gods, unlike the French who would just revolt for example, or USA who would go independent from the king, this difference allowed them to be allies, and just give USA the power to take over certain stuff, like military.

[YOSHIE]

how much impact the default will have on BTC and crypto? Should we even worry that "printing" will stop?

Although the United States is ranked 39th in terms of debt, the United States cannot be compared with other countries, even though the ratio of US debt exceeds the output of the US economy, but that doesn't mean the US is unable to pay for all of that, that's another issue that needs to be worried about, as far as I know the United States is able to pay off the debt which is estimated to be around US$ 28.788 trillion, the recorded history of the US for decades has never defaulted.

In terms of speculation on the development or impact of Crypto/Bitcoin cannot be associated with US debt, that is wrong, crypto is not only used in the US, crypto is included in the development of the world, US debt and crypto are different methods, completely unrelated, because crypto is not controlled by the US like US$.