If USD falls

[Kronos21]

If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...

I think otherwise. The dollar is the reserve currency and almost all governments of the world have a strategic stock of cash dollars and shares in American companies and banks. If the dollar falls there will be inflation. The economies of all countries will lose their reserves.

[Barbut]

If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...

I think otherwise. The dollar is the reserve currency and almost all governments of the world have a strategic stock of cash dollars and shares in American companies and banks. If the dollar falls there will be inflation. The economies of all countries will lose their reserves.

When the and if crash occures anyone who holds dollar-denominated assets will sell them at any cost, these parties will demand assets denominated in anything other than dollars. The collapse of the dollar means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them. What is anything other then dollar? That can be bitcoin, or other fiat or crypto currencies.
Dollars are reserve currency, by that I think that China have most reserves in dollars, and then other countries, they will lose if dollar collapse. But I doubt that we will see dollar collapsing in near future.

[Giardina]

If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...

the dollar has already ceased to be the only currency and many may not see how it will disappear, it is easy cryptocurrencies will eventually replace.

[HasHe]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

It would create only positive effect on bitcoin price.We were already seeing many investors selling their USDs and buying bitcoins.In such a situation,if USD price falls,then it would only make more investors to buy bitcoins and it would inturn increase bitcoin price.

[mdripon]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

yes USD falls bitcoin.because we are depend USD. So falls USD and another falls Bitcoin price.

[dunfida]

If USD would fall then not only bitcoin would be affected but most worldwide currencies which do have strong ties or relation on USD.For sure economic activity would really be mainly affected if that scenario do happen but knowing usd it wont easily crash and yes it being considered most or one of the powerful currencies of the world and it hard to believe that it would crash so easily.

[AjithBtc]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

It would create only positive effect on bitcoin price.We were already seeing many investors selling their USDs and buying bitcoins.In such a situation,if USD price falls,then it would only make more investors to buy bitcoins and it would inturn increase bitcoin price.

How come that's possible. As the investor base increase, surely we'll be experiencing a price increase, but same time we have the value of bitcoin in relation to USD. This will cause the fall of USD get impacted on BTC while converting to fiat.

[Dontme]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

I think even if USD will fall it will not going to affect the value of bitcoin because I think the value of bitcoin depends on how many people subscribe it and depends on how many people invest on it.

[Sled]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

I think even if USD will fall it will not going to affect the value of bitcoin because I think the value of bitcoin depends on how many people subscribe it and depends on how many people invest on it.

That is right, bitcoin is not depending on the price of USD or the rate of exchange in USD value because bitcoin is just depending on the demands of the people in the market. Bitcoin is fully decentralized so there is no connection for the USD value or anything around the fiat currencies because bitcoin is just all about demands.

[Omega Weapon]

It's funny that the world often says that the dollar will fall. But he does not fall. While other currencies are falling. Although if I choose between the dollar and bitcoin, I will choose the second.

The dollar has fell several times already, but it has not disappeared, the last time the dollar fell was in 1971 when Richard Nixon abandoned Bretton Woods and the dollar were no longer be able to be redeemed for gold any longer, since that time the dollar is not pegged to gold, so like you see the fall of the dollar not necessarily means its disappearance.

[jaysabi]

There's generally two ways to look at the relationship between USD and btc. The first is that bitcoin has intrinsic value indpendent of USD, so if the USD falls, btc (while indpendently stable) will "appreciate" in value relative to the USD. An offshoot of this is that the failing dollar would send people piling into btc, which would push the price up. The opposite of this view is that it's excessive wealth created by the stable value of the USD that creates the wealth necessary to allow people to speculate on bitcoin, and if the world's most stable currency failed, people would flee the riskiest assets in a massive flight to safety, which would tank the bitcoin price.

Personally, I fall into this second group. The failure of the dollar would tank the world economy, bitcoin included, which is the king of speculative assets. People will flee speculative assets and pile into traditionally safe assets, which would include gold, silver, and probably the Euro and Yen as the remaining stable fiat currencies.

You forget a few important things in your speech

More specifically, that Bitcoin is not valued just in the US dollars. It could indeed be priced mostly in dollars but the dollar just happens to be there, happens to be a universal yardstick. But if people start, for example, weighing gold in grams instead of ounces, gold won't lose value just because of that. That basically means that people which buy and sell bitcoins don't care much if Bitcoin price is denominated in dollars. They have their own currencies which are more important to them (including those you enumerated), and the dollar as such is pretty insignificant to these folks. So if there are more people involved in Bitcoin which are using these other currencies for their everyday activities, the failure of the dollar would mean nothing to them, nothing negative. To them, Bitcoin will be a separate currency in no way linked to the US dollar or the US economy unlike the stocks of the American companies. This is where you make a mistake by implicitly linking Bitcoin to Murika

[/img noped]

In short, Bitcoin is not some overpriced American stock

Stock has nothing to do with it, but it is overpriced in the sense that its value far outweighs its utility. But that's a separate point.

Bitcoin is denominated in dollars as well as other currencies, but if you're trying to sell the idea that the loss of the world's most stable currency from the market would mean "nothing negative" for the traders in every other currency, well that's a terrible position you've backed yourself into defending! Especially considering that it's the excess wealth created by our currently stable world economy that gives speculative assets their value. Guess what happens if everything goes to chaos... speculative assets crash. That's what the Great Depression and the Great Recession showed, as well as the Dotcom crash. All of it was speculation driven nonsense, and when the mania couldn't sustain the overpriced assets anymore, all that money that was propping up the speculative assets fled to safer assets. But I'm sure Bitcoin is the one speculative exception that would continue to thrive when a bulk of the buying pressure propping it up disappears, right? That's what you have to believe to argue from your side of it.

[Gameroid]

It's funny that the world often says that the dollar will fall. But he does not fall. While other currencies are falling. Although if I choose between the dollar and bitcoin, I will choose the second.

The dollar has fell several times already, but it has not disappeared, the last time the dollar fell was in 1971 when Richard Nixon abandoned Bretton Woods and the dollar were no longer be able to be redeemed for gold any longer, since that time the dollar is not pegged to gold, so like you see the fall of the dollar not necessarily means its disappearance.

there is always up and down in every currency, but here op  want to say that if USD totally failed then it will really create a big problem for the economic conditions of many countries. i think USD is one of  the most strongest currency of  the world and will even continue  as the  most strongest for a long  time, because currently bitcoin is not yet so much popular through out the world.

[CODE200]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

The bitcoin and other cryptocurrency are different from the real world currency and it's nothing to do with it because the bitcoin have own market value the USD price is adjusting with bitcoin as I see. So for me bitcoin is dependent virtual currency.

[stephanirain]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

Yes it's very true that in the past there are many currencies who falls but it is very impossible to make US dollar falls too because it is mostly used than any currencies in the world and it is a universal money they say. But if usd really gonna falls it will have a big effect on bitcoin because it will have a chance to be the new currency.

[Bionicgalaxy]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

There is no any way to make usd fall because to ground too like other currencies because usd is the biggest currency in the world. But if usd falls, for sure bitcoin will be the new currency in the world and it will be legalize by the governments .

[NathanJB]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

If USD falls, that would be good news to bitcoin. It means the price of bitcoin will become much bigger than the USD. If one exchanges BTC to USD, you will be receiving much more than when USD is very strong.

It is not independent, the economic world affects each one factor playing in the field.

[hritevanz]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

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For what i read, once the USD fall to the ground it will definitely affect the bitcoin since they both can be used in transactions. Well maybe the advantages of it is that there is the possibilities that the bitcoin can be used as new currency  but since  USD is very popular which is commonly used in this world and if it falls then there will be a big problem for the economic conditions of many countries.

[gabmen]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

If USD falls, that would be good news to bitcoin. It means the price of bitcoin will become much bigger than the USD. If one exchanges BTC to USD, you will be receiving much more than when USD is very strong.

It is not independent, the economic world affects each one factor playing in the field.

I don't think that would be the case dude. Btc rate is dependent on the dollar. If the dollar falls, pretty much most economies and currencies will react negatively as well. I don't think btc will surge or will benefit from a dollar crash.

[stompix]

If USD will fall then world economy will face a deflation at a certain period, because of having much importance of USD in the world economy it is playing a balance role in every aspect, that's why most of the fundamental goods and services are measured by the USD.
So falling down of USD will not a good sign for the financial condition of the developed countries specially in the continent of America...

the dollar has already ceased to be the only currency and many may not see how it will disappear, it is easy cryptocurrencies will eventually replace.

The dollar was never the only currency in the world.
And in terms of currency reserve it is actually gaining % form the lows in the last decade.

Everyday there is a new guy claiming the dollar will fall, but in reality a lot of the ones that predicted its doom have long died before it.

[Giardina]

Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?

If USD falls, that would be good news to bitcoin. It means the price of bitcoin will become much bigger than the USD. If one exchanges BTC to USD, you will be receiving much more than when USD is very strong.

It is not independent, the economic world affects each one factor playing in the field.

now there is more reliance on the August uncertainty than the price of the dollar, tensions will subside and we will see new heights.