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Author Topic: The dollar is ending as a world reserve currency - Dead by 2018, probably sooner  (Read 1782 times)
FutureMoneyTrends (OP)
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October 09, 2014, 05:24:14 PM
 #21

Sounds like a good solution. Isn't bitcoin basically backed by computer chips (processing power)?

but energy prices can change substantially; but maybe not more variable than gold or oil

So, we a re heading back to the ancient Egyptian banking system what was based on grains Smiley.

no one knows for certain

DhaniBoy
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October 10, 2014, 01:52:59 AM
 #22

when the dollar is still used as a reserve currency of the world, where the majority of transactions in the world uses the dollar, while the dollar is still the belle of trade transactions in the world, but it could be in the future rival the dollar as the euro or the pound will be excellent, even now only bitcoin many become an international currency transactions, paypal and ebay already allow bitcoin as a means of trade ...  Cool

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maurya78
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October 10, 2014, 01:57:16 AM
 #23

That's just wishful thinking however much one might wish that outcome. US political and economic power while waning is not going to go away anytime soon. We are at least a generation away from a re imagination of reserve currency politics.

FutureMoneyTrends (OP)
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October 10, 2014, 06:13:54 AM
 #24

That's just wishful thinking however much one might wish that outcome. US political and economic power while waning is not going to go away anytime soon. We are at least a generation away from a re imagination of reserve currency politics.

It will probably happen by 2018 like we said. You have refuted anything we mentioned

koshgel
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October 10, 2014, 06:15:43 AM
 #25

lol 2018. That's pretty optimistic. Better change all my cash into Bitcoins and precious metals before it's too late.
FutureMoneyTrends (OP)
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October 10, 2014, 06:17:38 AM
 #26

lol 2018. That's pretty optimistic. Better change all my cash into Bitcoins and precious metals before it's too late.

optimistic how?

We can't tell if you think it would happen sooner or later than that.

koshgel
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October 10, 2014, 06:23:03 AM
 #27

lol 2018. That's pretty optimistic. Better change all my cash into Bitcoins and precious metals before it's too late.

optimistic how?

We can't tell if you think it would happen sooner or later than that.

Optimistic in that the dollar will eventually lose reserve status but 2018 seems too soon. What makes you think 2018? China's push to forefront of global economies?
FutureMoneyTrends (OP)
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October 10, 2014, 06:25:57 AM
 #28

lol 2018. That's pretty optimistic. Better change all my cash into Bitcoins and precious metals before it's too late.

optimistic how?

We can't tell if you think it would happen sooner or later than that.

Optimistic in that the dollar will eventually lose reserve status but 2018 seems too soon. What makes you think 2018? China's push to forefront of global economies?

Everything we mentioned in our 8 minute video.

Plus seeing the west's sanctions on Russia fail, the fake ISIS threat easily exposed in enough of American's minds, rising bitcoin use as well.

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