What if US Dollar Crashes?

[outatime1]

If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.

[freedomgo]

If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.

And that is simply with bitcoin, people believe in bitcoin at least those who adopted. So instead of putting their money in the bank, they will pull that out and put in bitcoin.

[sunsilk]

If the dollar drops in value, people will be looking for an alternative place to store their money. This could be good for Bitcoin if people move their money into it. The price should rise in this situation.

And that is simply with bitcoin, people believe in bitcoin at least those who adopted. So instead of putting their money in the bank, they will pull that out and put in bitcoin.

I don't think that this is going to be a good thing for bitcoin if dollar crashes. Because the value of bitcoin depends on dollar.

So this will have a domino effect and all the currencies that are all depending with US dollar will also be affected so bitcoin will be affected too.

And I don't think people will be able to put there money in bitcoin instead they will not going to use their money but store it to their vaults.

[Imoote]

If the dollar crashes would certainly have an impact on other currencies, obvious it will make the price of other currencies will increase. But I do not know whether the impact will affect the bitcoin overall

[d-trixx]

If the dollar crashes would certainly have an impact on other currencies, obvious it will make the price of other currencies will increase. But I do not know whether the impact will affect the bitcoin overall

A little bit I do not understand the motives of talk about complete replacement of money for Bitcoin. The dollar is the currency of the world, and Bitcoin only 2% of the world's population.

[Shiroslullaby]

If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal.

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.

[Liad.Services]

if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.

[sourris01]

if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.

To date, the dollar on all trading markets do not fall, and wait what will fall in the near future is coming from. Therefore, I am sure that everything will be stable. While Bitcoin is not dependent on the dollar.

[moonya]

if US Dollar crushes, which I don't think is going to happen, and yeah I know that US Debt is pretty high, but still, USD is backed by a lot of money.

You asked what if it crushes, then it is going to make a panic attack over the world, which will probably make people to switch to other unusual currencies, maybe people are going to trade with gold and silver, and of course , bitcoin's price is going to go a lot higher, as a lot of people are going to search for alternatives, if it happens, it is maybe going to best chance of bitcoin to grow up massively.

To date, the dollar on all trading markets do not fall, and wait what will fall in the near future is coming from. Therefore, I am sure that everything will be stable. While Bitcoin is not dependent on the dollar.

To support the yuan, Beijing "reset" US securities. The dollar then do not say that much weakened, just more holding. But oil has gone up. Hence, the "green" should be very soon on yourself feel it.

[eduaro66]

If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal.

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.

It is time for Washington to make clear that restrain the appetites would not hurt. And just know that to live long, not caring about what more he became or less. How many times the world has witnessed how the money ended up in the US treasury? Countless. And every time the debt ceiling, which can live happily ever after, raised to new heights. Now it has more than 18 trillion. Still not enough.

[chrisivl]

Experts do not undertake to predict, but are doing tests on the basis of economic data and taking into account the global crisis trends. Why not a stable dollar. The crisis in the economy has not only in one country, but all over the world. This is due to the fall in oil prices, and many other factors.

[Przemax]

Before we would even consider dollar in deep mess the more fragile currencies would have to fail. Like China, Japan, Germany etc etc. So if a dollar will be falling it will not matter anything anymore, as a whole world will already be in huge problems.

[deisik]

If the US dollar crashes, the world would be in total chaos.
Countries would be fighting to see whose currency replaced the dollar,
stock markets would lose a ton of value overnight,
people would be scrambling to buy gold, silver and other precious metal

The US dollar will crash only when the US itself collapses or loses almost all of its influence. This is not likely to happen any time soon unless Trump does something really stupid, and the States start declaring independence for real, i.e. not what we see now, though what we see today may be only a prelude to more dramatic events lying ahead. Apart from the US imploding on its own, there are also external events like an armed conflict between, say, China and the US somewhere in Maritime Southeast Asia or over Taiwan that could eventually undermine the monopoly of the US dollar...

But such events may not actually help Bitcoin since people will search safety in hard assets like precious metals

The price of Bitcoin might skyrocket as people looked for a place to put their US currency before it lost all value.
But the world's financial system would need to do a total re-adjustment, so there is no telling what the outcome would be.

That's almost a certainty unless we experience a collapse after which ammo will be used as a means of payment

[batang_bitcoin]

Experts do not undertake to predict, but are doing tests on the basis of economic data and taking into account the global crisis trends. Why not a stable dollar. The crisis in the economy has not only in one country, but all over the world. This is due to the fall in oil prices, and many other factors.

And US is biggest contributor for the crisis, so if their dollar crashes most of us will be affected even we are in the bitcoin sector. Because majority of the countries are depending to the economy of US. That's also because their debt now with China is becoming larger, that's why they want to start war to whomever. Because it can make their economy boost again.

[Shenzou]

If US Dollar Crashes that does not mean that they are going to switch to using bitcoin , they can change their money into other currency like euros or pound, because as far as i know government can't control bitcoin so they won't allow it, if anything happens and they have to change to using crypto currency they would invent a new one rather than switching to bitcoin.

[Edward Snowden]

If the dollar crashes btc will be king and we'll all be wealthy beyond our wildest dreams.

[Positid]

If the dollar crashes btc will be king and we'll all be wealthy beyond our wildest dreams.

I don't if that will exactly what will happen, but I am positive that the adopters of bitcoin will increase since people will move their money with bitcoin that would result to possible increase of it's value.

[agamasrori]

If us dollar chrashes I think all people in the world will looking for the alternative way. People will not thrust to fiat any more. I think if they didn't use  use gold as payment methode they will use bitcoin.

[Fatanut]

If us dollar chrashes I think all people in the world will looking for the alternative way. People will not thrust to fiat any more. I think if they didn't use  use gold as payment methode they will use bitcoin.

We can't say that for sure because fiat is so strong right now that even if USD crashes, people might just carry on with using their own local currencies. Only the people that use USD mainly will significantly be affected. And since that would surely be in the news, I think that's a good time to introduce bitcoins to people. If we do that, then people finally found the alternative money that they're looking for.

[clickerz]

If us dollar chrashes I think all people in the world will looking for the alternative way. People will not thrust to fiat any more. I think if they didn't use  use gold as payment methode they will use bitcoin.

I think we have the same opinion here. If dollar crashes, people will tend to look other investment option and I think there are significant people that will look after the bitcoin.Though not all but it is a plus factor for bitcoin to appreciate.