How long till the end of the USDollar?

[Alfa123]

The only scenario in which the US Dollar would become obsolete is if a third world war occurs. If the economy of the US collapses as a result of the war, then some other currency will replace the USD. But the chances are quite remote.

Yes, it's almost impossible. Even after the war, the dollar may remain to exist perhaps only there will not be such a high rate compared to other currencies.

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[Winchester2211]

The only scenario in which the US Dollar would become obsolete is if a third world war occurs. If the economy of the US collapses as a result of the war, then some other currency will replace the USD. But the chances are quite remote.

Yes, it's almost impossible. Even after the war, the dollar may remain to exist perhaps only there will not be such a high rate compared to other currencies.

At the moment, the dollar is invincible. Even in the event of war with the dollar will be nothing. Let me remind you that the Americans are so smart, never fighting on its territory. The situation with North Korea once again proves it. Kim will never be able to make missiles that can reach America. He will be destroyed in advance.

[BADecker]

Trader: "It's Going To Zero"

Momentum Trader: It's going to zero!

Sales: Protection is worthless.  Why pay up for protection, it always turns out worthless?

Quant Trader: The skew and relative steepness makes timing critical on any purchase.  The theta decay is virtually impossible to overcome.

Desk Head: Why aren't we selling more?

Bear Trader: Because we are at all-time tights and there is no #*#*!@$ value!  This is just #@*($& stupid.

Risk Management: I can't let you sell more than you already have.  I've already increased limits and I'm extremely uncomfortable increasing them again.

All: Oh shut up!

Desk Head: You and your stupid risk limits are why we are all here in the first place! Had you let us sell more 2 months ago we wouldn't all be here stuck trying to figure out what to do – we'd be sitting on great P&L and could relax, but no, now we are behind and have to sell as much as we can at the lows.

Bear Trader: This can't possibly continue.  It's already overdone and when it reverses, it is going to be UGLY!

Sales: All I've got is sellers.  No one wants or needs protection.

Read more at http://www.zerohedge.com/news/2017-05-09/trader-its-going-zero.


 

[kekcoindev]

Predicting WHEN it will collapse is like guessing which snowflake causes an avalanche. However, the collapse is pretty much inevitable, unless the global financial elite start taking seriously new economic models based on complexity theory and act quickly to reduce the centralisation of power and wealth.

[joebrook]

Predicting WHEN it will collapse is like guessing which snowflake causes an avalanche. However, the collapse is pretty much inevitable, unless the global financial elite start taking seriously new economic models based on complexity theory and act quickly to reduce the centralisation of power and wealth.

The US Dollar will only collapse if and when the US economy collapses and it doesnt seem that its going to happen anytime soon, Their economy is buoyed on the spendings of the citizens of the great country, so if the people dont spend their money on things especially things they dont need, the economy shrinks.

[darkangel11]

It's going to take more than 8 years IMO. You should have made the poll bigger and include dates like 10, 20, 30 years. Note that what used to be worth $1  100 years ago is now worth $10, so the inflation is high, but not yet unbearable. Wait until you'll have to pay $100 for a pack of cigarettes and you'll actually start feeling and hating the inflation.

[SugoiSenpai]

Dollar Bills are a very strong currency it may only collapse if a disaster may happen in the economy of US. I would say it will last maybe 30 more years from now, the value will shrink till then. But as of now it is not even close to shrinking its currency.

[Sithara007]

Why there is no option for ">100 years"? Because I think that the United States Dollar is going to survive that long. You need to remember that the USD has remained as the world reserve currency for the past many decades. Also, it is the preferred currency for all sorts of international trade. Also, the USD has remained in this position despite fierce competition from the other currencies, such as the EUR, CNY and JPY.

[kryptoknightk]

8 years

[mvidetto]

I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank.

[Palmerson]

I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank.

I don't agree with your opinion. This is too short a period to overcome such a serious opponent as the U.S. dollar. The whole world economy is built on it. For a dollar you can buy any product anywhere in the world, and what can you buy with bitcoins? No, bitcoin is still too weak.

[killgald]

Well not any time sooner thats for sure.

[deisik]

I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank

I guess even whole lifetime won't be enough

Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)

[Skillboard]

Never, USD is a strong currency....

Enjoy.

Great one, thanks!

[hovrah]

I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank

I guess even whole lifetime won't be enough

Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)

A lot can be predicted in relation to the dollar, but one must face the truth and assess the current situation with respect to the most important currency of the world. We understand that all world economies and the world financial system depend on the dollar. Therefore, I very much doubt that someone will give an opportunity to fall to the dollar. It's just that it's never going to happen.

[Edwardbn]

Eat local and natural food and we all evolve consciously so we do not have to die.
 They can keep the dollar pulled over from a complete collapse of sovereign debt so it disappears. China is seeking an alternative, but it will resist their concern to make the dollar collapse.

[qigong13]

Civilization rise and fall, give it time. Thought time is what humans lack...

[juanmarcus]

Just choose what you feel.

There is NO End for US dollar specially if they already started the one world government in the whole world and that means we only have one currency and that is US Dollar.

[finthebar]

I guess it can take 5-7 years. Bitcoin has many benefits and could replace dollar and become a global currency as it is not controlled by any one country's central bank

I guess even whole lifetime won't be enough

Unless the US dollar is gonna kick the bucket on its own, of course. But that's as unlikely. Anyway, to replace fiat, any fiat for that matter, Bitcoin should be more efficient and effective in fulfilling the purpose that money is used to achieve. Simply put, it should offer faster, cheaper and more reliable transactions than fiat. But that's not all. It should be neither deflationary nor volatile as fuck since any of the latter are going to kill the utility of money as a means of exchange (the primary aim and function of money in real life)

A lot can be predicted in relation to the dollar, but one must face the truth and assess the current situation with respect to the most important currency of the world. We understand that all world economies and the world financial system depend on the dollar. Therefore, I very much doubt that someone will give an opportunity to fall to the dollar. It's just that it's never going to happen.

Never is a very long time. So far history has shown that all cultures and systems that have risen have at some point fallen, but for practical purposes, I think you are correct - it would be pretty incredible to assume the fall of the US dollar (at least in the short run - ie. the next couple of decades) is some form of inevitability.

BTC does not have to replace USD for it to succeed.....

[roger2000]

Perhaps good question is what block hashing algorithm will next US Dollar based on?