Bitcoin Forum
November 10, 2024, 09:16:50 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Scenario: Lets Say US economy crashes,what happens to bitcoin?  (Read 1232 times)
IggySe7ven (OP)
Member
**
Offline Offline

Activity: 464
Merit: 29


View Profile
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.
Ekaros
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500



View Profile
April 03, 2013, 08:00:51 AM
 #2

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...

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
Jobe7
Full Member
***
Offline Offline

Activity: 238
Merit: 100


Now they are thinking what to do with me


View Profile
April 03, 2013, 12:02:18 PM
 #3

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
Sr. Member
****
Offline Offline

Activity: 1372
Merit: 341


The Change Ltd - 250+ coins


View Profile WWW
April 03, 2013, 12:28:35 PM
 #4

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?

▄▄████████▄▄
▄▄████████████████░░
█████▀▀░░░░░░░░▀▀▀░░░░
▄████▀░░░░░░░▄▄▄▄▄▄▄▄░░░░░
████░░░░░░░▄█████████▀░░░░
████░░░░░░▄████▀░░░░░░░░▄▄▄▄
████░░░░▄████▀░░░░░░░░░░████
▀▀▀▀░░▄█████▄▄▄▄▄▄░░░░░░████
░░░░░░▀█████████▀░░░░░████
░░░░░░░░▀▀▀▀▀▀░░░░░░▄████▀
░░░░▄▄▄░░░░░░░░▄▄█████
░░████████████████▀▀
▀▀████████▀▀

TheChange
▄▄█████████████████▄▄
▄███████████████████████▄
▄█████████▀▀██▀▀██████████▄
██████████░░██░░███████████
████████░░░░░░░░░░▀████████
█████████░░░████░░░████████
█████████░░░░░░░░░░████████
█████████░░░████▄░░░███████
████████▀░░░▀▀▀▀▀░░░███████
████████▄▄░░▄▄░░▄▄▄████████
▀█████████░░██░░██████████▀
▀███████████████████████▀
▀▀█████████████████▀▀


░░░░░░░░░░██▄
▄▄▄▄▄▄▄▄▄▄▄███▄
▀▀▀▀▀▀▀▀▀▀▀███▀
░░░░░░░░░░██▀
░░░▄▄
 ▄██▀
███████████████
 ▀██▄
░░░▀▀
▄▄████████████████▄▄
▄██████████████████████▄
▄████████████▀███████████▄
████████████░░░███████████
██████████▀░░░░░▀█████████
█████████▀░░░░░░░▀████████
████████░░░░░░░░░░░███████
████████▀▄▄░░░░░▄▄▀███████
█████████▄░▀▀▄▀▀░▄████████
██████████▄░░░░░▄█████████
▀███████████▄░▄██████████▀
▀██████████████████████▀
▀▀████████████████▀▀

+250
COINS
.Crypto Exchange.
▄▄▄▄
▄▄▄███▀▀███▄▄▄
▄█████▀▀░▄▄▄▄░▀▀█████▄
██▀░▄▄▄████████▄▄▄░▀██
██░████████████████░██
██░████████████████░██
██░▀██████████████▀░██
██░▀████████████▀░██
▀██░▀██████████▀░██▀
▀██▄░▀██████▀░▄██▀
▀██▄▄░▀▀░▄▄██▀
▀▀██▄▄██▀▀
▀▀▀▀
▄▄████████████████▄▄
▄██████████████████████▄
▄████████████████████████▄
██████████████░░░░░░░█████
██████▀▀▀▀░░░░░░░░░░░█████
████▄░░░░░░░▄▄█▀░░░░██████
████████████▀░░░░░░███████
██████████░░░░░░░░████████
███████████▄░░░░░█████████
█████████████▄░░██████████
▀████████████████████████▀
▀██████████████████████▀
▀▀████████████████▀▀
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!