crazycoin007
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November 23, 2013, 01:21:21 AM |
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It might be better to ask BTCBTCBTC $$$ which ends first. The collapse of US$ could be devastating and obviously domino effect of failures into other part of civilization. It would last as long as we live if not replaced by other (cryton)currency(s) as reserve currency.
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chr0npiles
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November 23, 2013, 01:28:23 AM |
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What happens to the euro when the US dollar collapses?
To me one thing is clear: once the USD collapses we're _all_ fu**ed up. Yes. The collapse of the US dollar would inevitably lead to worldwide economic detestation, as it is the reserve currency. It certainly isn't happening within 8 years. If it does, I don't want to be on this planet because some seriously fucked up shit is probably going down, and it may very well have to do with a nuclear winter or natural disaster on a scale like we've never, ever seen before and wouldn't see again for millions upon millions of years. Get real! |
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NUFCrichard
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November 23, 2013, 10:05:23 AM |
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The euro would follow. New currencies based on commodities would be brought in, last for 30 years until someone decides to go fiat, then it starts again!
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Kiki112
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November 23, 2013, 02:15:12 PM |
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What happens to the euro when the US dollar collapses?
To me one thing is clear: once the USD collapses we're _all_ fu**ed up. Yes. The collapse of the US dollar would inevitably lead to worldwide economic detestation, as it is the reserve currency. It certainly isn't happening within 8 years. If it does, I don't want to be on this planet because some seriously fucked up shit is probably going down, and it may very well have to do with a nuclear winter or natural disaster on a scale like we've never, ever seen before and wouldn't see again for millions upon millions of years. Get real! the end of the dollar is just a bitcoin fantasy, it certainly isn't happening in our lifetime  altough it would be nice to see that  at least for us (bitcoiners ) even though € would probably take over  |
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deisik
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November 23, 2013, 05:39:03 PM
Last edit: November 23, 2013, 05:52:18 PM by deisik |
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there is nowhere else to deposit a few trillion dollars risk free Risk free? That is why the rates are low but it is completely flawed thinking. Was money in Greece risk free? or Iceland? or Argentina? Their debts weren't made in their national currencies (in the case of Greece they couldn't control the emission of euro), so they were at the mercy of their creditors. The US debt is dollar-denominated, thus the US can't default (or bring about USD collapse for that matter) unless they deliberately choose so... Why would they want to?  Don't take too serious all those covert games in Congress  |
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prof7bit
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November 23, 2013, 06:15:16 PM |
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the end of the dollar is just a bitcoin fantasy
Bitcoin fantasies usually become reality, so that was actually a pro argument. There is absolutely no reason to believe the US-Dollar or the Euro (in their current form) have even the slightest chance of surviving the uncontrolled nuclear chain reaction of cryptocurrency adoption. |
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deisik
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November 23, 2013, 07:13:23 PM |
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There is absolutely no reason to believe the US-Dollar or the Euro (in their current form) have even the slightest chance of surviving the uncontrolled nuclear chain reaction of cryptocurrency adoption.
Who is telling you so? Maybe that guy on your avatar? Don't trust him, he's lying to you!!! |
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dank (OP)
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You cannot kill love
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November 23, 2013, 08:41:46 PM |
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It might be better to ask BTCBTCBTC $$$ which ends first. The collapse of US$ could be devastating and obviously domino effect of failures into other part of civilization. It would last as long as we live if not replaced by other (cryton)currency(s) as reserve currency.
What happens to the euro when the US dollar collapses?
To me one thing is clear: once the USD collapses we're _all_ fu**ed up. Yes. The collapse of the US dollar would inevitably lead to worldwide economic detestation, as it is the reserve currency. It certainly isn't happening within 8 years. If it does, I don't want to be on this planet because some seriously fucked up shit is probably going down, and it may very well have to do with a nuclear winter or natural disaster on a scale like we've never, ever seen before and wouldn't see again for millions upon millions of years. Get real! Don't let these guys scare you. Collapse of the dollar would bring a new wave of freedom to society. |
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deisik
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November 23, 2013, 08:51:25 PM |
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Yes. The collapse of the US dollar would inevitably lead to worldwide economic detestation, as it is the reserve currency. It certainly isn't happening within 8 years. If it does, I don't want to be on this planet because some seriously fucked up shit is probably going down, and it may very well have to do with a nuclear winter or natural disaster on a scale like we've never, ever seen before and wouldn't see again for millions upon millions of years.
Get real!
Don't let these guys scare you. Collapse of the dollar would bring a new wave of freedom to society. In Weimar Germany prices doubled every three days in 1922-1923... Do you know what happened next? Is this the freedom you're looking for? "History is replete with examples of currency collapses and they typically follow very predictable patterns in which a nation unravels and social chaos, and many times, widespread violence and even genocide becomes part of the national landscape" Taken from here |
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dank (OP)
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November 23, 2013, 08:56:48 PM |
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That's because they kept using money as a system to live.
Now we have learned from our past, that we should simply give up the concept of money this time and society would be free, prosperous and efficient.
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deisik
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November 23, 2013, 09:43:21 PM |
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That's because they kept using money as a system to live.
Now we have learned from our past, that we should simply give up the concept of money this time and society would be free, prosperous and efficient.
Actually, it will be far worse than it might have been even a century ago. We are now much more dependent on technology, medicine, communal support systems and you name what else than we were a hundred years ago... |
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dank (OP)
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November 23, 2013, 10:21:24 PM |
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Because we made our self dependent. Sickness wouldn't be a problem if people didn't live in industrialized housing whilst eating mass chemically produced food.
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metaverse22
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November 24, 2013, 05:55:11 AM |
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How long till the end of the USDollar? Nobody can know the answer, only TIME can tell. I think its better to ask if which currency will survive, BTC or USD?
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atc1
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November 24, 2013, 06:01:50 AM |
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But isnt it the dollar thats holding up the BTC? Last year,1 BTC was worth almost nothing compared to what it is now. No one seriously took notice of either the BTC,let alone alt currencies.
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deisik
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November 24, 2013, 10:05:32 AM |
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Because we made our self dependent. Sickness wouldn't be a problem if people didn't live in industrialized housing whilst eating mass chemically produced food.
So now you suggest we should all come back to caves, eat raw meat (if ever), wear raw hides and die at the age of 25 from smallpox and malaria (if not eaten by some predator even before that)? You may choose as you like personally, but I doubt it strongly that the total majority of humans would love to follow your steps... |
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mladen00
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November 24, 2013, 04:39:57 PM |
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End of USD will be when bosses from shadows (NWO gang) that control FED says so.
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dank (OP)
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November 24, 2013, 05:27:46 PM |
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Because we made our self dependent. Sickness wouldn't be a problem if people didn't live in industrialized housing whilst eating mass chemically produced food.
So now you suggest we should all come back to caves, eat raw meat (if ever), wear raw hides and die at the age of 25 from smallpox and malaria (if not eaten by some predator even before that)? You may choose as you like personally, but I doubt it strongly that the total majority of humans would love to follow your steps... No, I'm proposing we create natural homes out of the earth, eat food grown locally and naturally and that we all evolve consciously so we don't have to die. It's all within our reach, we just have to work as one. |
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deisik
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November 24, 2013, 07:04:54 PM |
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So now you suggest we should all come back to caves, eat raw meat (if ever), wear raw hides and die at the age of 25 from smallpox and malaria (if not eaten by some predator even before that)? You may choose as you like personally, but I doubt it strongly that the total majority of humans would love to follow your steps... No, I'm proposing we create natural homes out of the earth, eat food grown locally and naturally and that we all evolve consciously so we don't have to die. It's all within our reach, we just have to work as one. Instead of caves you propose to dig dugouts? I'd rather go with caves, given these only options... What are going to do with the population of big cities, subject them to liquidation with subsequent total annihilation of the cities? |
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dank (OP)
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You cannot kill love
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November 24, 2013, 07:30:50 PM |
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Simply move out of the city and build one of these.  Do you consider this a dugout? |
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bobbit
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November 24, 2013, 07:35:36 PM |
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I think they can keep the dollar propped from a total collapse for a long time yet. Too much debt owed to too many countries for it to go away. China may be looking at an alternative, but it would be against their interest to let the dollar collapse.
Inflation will kill us, and we'll start using alternate currencies, and bartering for goods. They'll prop fiat up until after you need a wheelbarrow full to buy a loaf of bread.
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