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Author Topic: Scenario: Lets Say US economy crashes,what happens to bitcoin?  (Read 1079 times)
IggySe7ven
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April 03, 2013, 06:51:06 AM
 #1

Hey Guys  here is my question to you.

I am sure many of you have heard about the world economy going to Sh*ts and how The FED is just printing money and that the bubble is inevetable and should burst any time and create a catastrophic reaction worse then maybe anything we have been through. That is also one of the reasons the usa government is buying 2billions rounds of ammo and weapons and trying to take away 2nd amendment rights for usa citizens because they know that this will create massive unrest and possibly even civil war.

Now my question to you is in that scenario  what do you think will happen to Bitcoin, since it is based entirely on trust of people trusting other people that they will accept it as payment. Now if people all over the world will be struggling to just survive, how do you think bitcoin will react to this. Will it plunge in price or be destroyed because of the lack of faith of people in its value(since its based purely on trust and is not backed by any government is official currency). Will it skyrocket, and gain more power. And in your person view how will the economic world look like.

Love to hear from you.

Iggyse7ven.
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Ekaros
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April 03, 2013, 08:00:51 AM
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Entirely depends what happens to internet. Intercontinental networking is rather delicate. Intracontinental could be handled in some ways, though long term lack of supplies would hurt it...

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strunberg
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April 03, 2013, 10:08:52 AM
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The Euro will collapse before the Dollar.
When that happens,it's not hard to see the  dollar along with other central banker currencies,in the big old card house of finance.
The Europeans might be fine,as countries can simply restart their printing presses.

My fellow Americans are screwed as they can't start up some dusty printing press.


What really shits my pants is the idea of what Ben Shalom Bernanke's friends will do in Israel,once the Middle East blows up without the US as the middle man .
I'm afraid that once isreal is on the brink,they will do this...

en.wikipedia.org/wiki/Samson_Option

Quote
Some have written about the "Samson Option" as a retaliation strategy. In 2002, the Los Angeles Times published an opinion piece by Louisiana State University professor David Perlmutter which Jewish author Ron Rosenbaum writes "goes so far as to justify" a Samson Option approach

    Israel has been building nuclear weapons for 30 years. The Jews understand what passive and powerless acceptance of doom has meant for them in the past, and they have ensured against it. Masada was not an example to follow—it hurt the Romans not a whit, but Samson in Gaza? What would serve the Jew-hating world better in repayment for thousands of years of massacres but a Nuclear Winter. Or invite all those tut-tutting European statesmen and peace activists to join us in the ovens? For the first time in history, a people facing extermination while the world either cackles or looks away—unlike the Armenians, Tibetans, World War II European Jews or Rwandans—have the power to destroy the world. The ultimate justice?

In 2003, a military historian Martin van Creveld, thought that the Al-Aqsa Intifada then in progress threatened Israel's existence.[29] Van Creveld was quoted in David Hirst's "The Gun and the Olive Branch" (2003) as saying:

    We possess several hundred atomic warheads and rockets and can launch them at targets in all directions, perhaps even at Rome. Most European capitals are targets for our air force. Let me quote General Moshe Dayan: 'Israel must be like a mad dog, too dangerous to bother.' I consider it all hopeless at this point. We shall have to try to prevent things from coming to that, if at all possible. Our armed forces, however, are not the thirtieth strongest in the world, but rather the second or third. We have the capability to take the world down with us. And I can assure you that that will happen before Israel goes under.[30]

Ron Rosenbaum writes in his 2012 book How the End Begins: The Road to a Nuclear World War III that in the "aftermath of a second Holocaust" Israel's surviving Dolphin-class nuclear missile submarines would retaliate not only against Israel's attackers, but "bring down the pillars of the world (attack Moscow and European capitals for instance)" as well as the "holy places of Islam." He writes that "abandonment of proportionality is the essence" of the Samson Option.


In 2012, in response to Günter Grass's poem "Was gesagt werden muss" ("What Must Be Said") which criticized Israel's nuclear weapons program, Israeli poet and Holocaust survivor Itamar Yaoz-Kest published a poem entitled "The Right to Exist: a Poem-Letter to the German Author" which addresses Grass by name. It contains the line: "If you force us yet again to descend from the face of the Earth to the depths of the Earth — let the Earth roll toward the Nothingness." Jerusalem Post journalist Gil Ronen wrote that this is seen as referring to the Samson Option, which is the strategy floated by Ariel Sharon and others of using Israel's nuclear weapons, "taking out Israel's enemies with it, possibly causing irreparable damage to the entire world."[32



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Jobe7
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April 03, 2013, 12:02:18 PM
 #4

Strunberg,

Such an option might be more viable than being portrayed as simply as 'scare tactic' of the Israeli's giving the image of "give us anything we want or we nuke the world!".

Apart from the fact that the traditional 'Jew' isn't really .. There's 2 different areas of being 'Jewish'.

Khazar Jew and Hebrew Jew.

The global banking empire is run by the Khazar Jew.

The Hebrew Jew are the ones that got decimated.

The Khazar Jew holds the Hebrew Jew as a 'shield' against anyone approaching their 'interests' (their global banking empire).

And some might even say (after research) that the Khazar Jews orchestrated the wars, and the decimation of the Hewbrew Jews was because the Khazar Jew planned it.

Go research who/what the Khazar empire was and why it's hidden from history, and their religion (they adopted the Jewish faith for political means, but not fully).
strunberg
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April 03, 2013, 12:28:35 PM
 #5

Are you talking about the Zionist who force our politicians to put on the skull cap and "hump the wall" before they're elected?

http://www.youtube.com/watch?v=7wHpOKe409A

http://www.youtube.com/watch?v=jQTYU3O6H3o

Hell with everyone with the middle east.

Besides, if a world war were to kick off...especially with all of those Chinese and Indian men without a chance at marriage....
Folks will need to use some form money to pay for the bombs, why not something like bit coin?  Undecided

A one world currency ran by the UN won't fly with anyone here,let alone the general public.
Maybe a currency that's a big finger to the central planers would?



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