Who says $$$ is going to collapse?

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Topic: Who says $$$ is going to collapse? (Read 748 times)

momagic (OP)

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⇾ Who says $$$ is going to collapse?

March 27, 2013, 11:04:10 PM

Because BTC is actually propping it up?

From what I see BTC is mainly traded in Dollars... just like Oil.

If Oil wasn't traded in $ it would not be as strong. That's why the US don't like Iran as they trade in other currencies.

?

Elwar

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Viva Ut Vivas

Re: Who says $$$ is going to collapse?

March 27, 2013, 11:13:35 PM

It is the only currency my company currently pays.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.

porcupine87

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Re: Who says $$$ is going to collapse?

March 27, 2013, 11:36:17 PM

Same with Apple stocks. Why do they not trade oil in Apple stocks? Then the oil price would not be that high??

"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics

kjj

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Re: Who says $$$ is going to collapse?

March 28, 2013, 01:14:51 PM

Quote from: momagic on March 27, 2013, 11:04:10 PM

The notion of oil purchases propping up the dollar price would totally make sense, in a world without FOREX.

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