What if US Dollar Crashes?

[Mickeyb]

What if we back to barter times... 

Well this will happen only if the planet survives nuclear war in my opinion and then those few lucky ones or even unlucky ones we might say would have all the time in the world to do their barter trading!

[AndySt]

Rise to the heights of development hard and long but to slip into the abyss of barbarism is easy. Increasing wars around the globe evoke disturbing thoughts.

[pitham1]

As long as US remains as the most powerful and influential Country in the World, I believe Dollar will not crash and will be replaced with something else.

If there are multiple blocks (US, Russia, EU, China, etc) fighting for political supremacy, there is a good chance that the USD might not be hold its position as the top currency of this world.

[ThunderThomas]

I don't think that the us dollar can crash as it is the most popular currency in the world, but the inflation will destroy and decrease the value of one dollar gradually

It has crashed before but I believe it can take a hit if that ever happens

[neurotypical]

If you are here it means you will be good when the dollar collapses, you should have a big advantage over the average joe whose is completely ignorant about what's going on in the world, he will not even have gold as a safe haven, let alone Bitcoin, therefore fomo sets in and you become rich.

[mixan]

All that are saying that it is not possible for the us dollar to collapse is bogus and no realistic.
With the amount of debt that the country holds and it is not having it not backed by anything (not even bad mortgages) like gold or the hedge funds, where do you think the American dollar will be in the next 10 years?
I don't think there is any nation that will bail out the US as China has already held them up from collapsing long enough. They have their own countries financial problems to take care off.

[enthus]

I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?

it will just mean BTC price goes UP and UP and UP ....
up because value of USD goes down
up because USD holders want to move to new currency
IT is only GOOD for btc!!

[enzu]

Then bitcoin will go to the MOON !!!

[LowlandGorilla.]

Then bitcoin will go to the MOON !!!

That is a completely wrong idea.
Bitcoins price is dependent on the USD.
If the USD crashes BTC is doomed.

[Slark]

Then bitcoin will go to the MOON !!!

That is a completely wrong idea.
Bitcoins price is dependent on the USD.
If the USD crashes BTC is doomed.

Not necessarily. USD is not even the most used currency if we talking about bitcoin trading, Chinese yuan is. After hypothetical dollar collapse, there will probably be initial price drop of BTC.
But soon price will go up to even higher values than before, that is what most realistically will happen.

[HighPixelr]

Then bitcoin will go to the MOON !!!

That is a completely wrong idea.
Bitcoins price is dependent on the USD.
If the USD crashes BTC is doomed.

Not necessarily. USD is not even the most used currency if we talking about bitcoin trading, Chinese yuan is. After hypothetical dollar collapse, there will probably be initial price drop of BTC.
But soon price will go up to even higher values than before, that is what most realistically will happen.

I agree with LowlandGorilla,
If the USD crashes that will cause other currencies to crash too, causing market and trading issues. This will cause people to go back to gold and silver.

[LowlandGorilla.]

Then bitcoin will go to the MOON !!!

That is a completely wrong idea.
Bitcoins price is dependent on the USD.
If the USD crashes BTC is doomed.

Not necessarily. USD is not even the most used currency if we talking about bitcoin trading, Chinese yuan is. After hypothetical dollar collapse, there will probably be initial price drop of BTC.
But soon price will go up to even higher values than before, that is what most realistically will happen.

I agree with LowlandGorilla,
If the USD crashes that will cause other currencies to crash too, causing market and trading issues. This will cause people to go back to gold and silver.

Exactly, also people would not accept Bitcoin due to its volatility.

[Amph]

Then bitcoin will go to the MOON !!!

That is a completely wrong idea.
Bitcoins price is dependent on the USD.
If the USD crashes BTC is doomed.

Not necessarily. USD is not even the most used currency if we talking about bitcoin trading, Chinese yuan is. After hypothetical dollar collapse, there will probably be initial price drop of BTC.
But soon price will go up to even higher values than before, that is what most realistically will happen.

I agree with LowlandGorilla,
If the USD crashes that will cause other currencies to crash too, causing market and trading issues. This will cause people to go back to gold and silver.

then bitcoin will be valued based on gold, it will not crash all the other fiat tied to the usd,a ctually it will increase in value, because besides going on gold and silver people will direct their investement on bitcoin

[Snorek]

The bigger the bubble, the longer it takes to collapse. The pound dominated the world for over a hundred years.  The dollar has had a hundred years of global dominance status as well.
The very nature of this 'trust' game is uncertainty. Financial fragility is always advertised as "stable", until it isn't.  Even the final stage of a bubble this big could outlast our lifetime.

[n691309]

If us dollar crashes then it will affect directly and other popular currencies and of course the bitcoin itself, but i don't think that bitcoin will be crashed but only its value will be decreased by time.

[gkv9]

Obviously, if the US dollar crashes, we may see huge spikes in Bitcoins in order for its value to remain the same...
And it all also depends upon the factors of demand and supply of Bitcoins too...

[hunnaryb]

Obviously, if the US dollar crashes, we may see huge spikes in Bitcoins in order for its value to remain the same...
And it all also depends upon the factors of demand and supply of Bitcoins too...

The usd crashing is just the beginning of worse to come.

[Nameless Coin]

I don't really know what will happend if the dollar will just crash, but that is unlikely that will happen.
But money like dollars or euro I think in the future won't crash they will just upgrade it or replace.

[bitlancr]

I don't really know what will happend if the dollar will just crash, but that is unlikely that will happen.
But money like dollars or euro I think in the future won't crash they will just upgrade it or replace.

I doubt it would happen any time soon. Even if it does, a lot of economic markets would be affected by this and doubt it would be in a posetive way.
And even then, we would still have some bitcoins.

[MaritiJames3]

I don't think it would have a positive effect on bitcoin. Bitcoin relies on a bunch of economic factors for it to grow like it has been growing.
If the dollar crashes I'm afraid the bitcoin will decrease in value.