BitcoinFX
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https://youtu.be/DsAVx0u9Cw4 ... Dr. WHO < KLF
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November 16, 2013, 07:04:10 PM |
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Never, USD is a strong currency....
Enjoy.Thanks Mike - thats a good video. Here are a couple more: Zeitgeist Addendum - Modern Money Mechanics https://www.youtube.com/watch?v=vm3DixfL9o0I.O.U.S.A.: Byte-Sized - The 30 Minute Version https://www.youtube.com/watch?v=O_TjBNjc9BoThe US economy polarized several years ago beyond repair, as presented in the above video. The situation hasn't got any better, in fact it has got much much worse. |
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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November 16, 2013, 07:40:28 PM |
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I've already seen the first one; that's the video that pulled me out of the matrix and got me to really question what was happening in the world  The second one is very good as well; the truth is painful. Never
Dollar cant collapse, just inflate.
That's what a collapse is; nobody is using Zimbabwean dollars for this reason. |
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InwardContour
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November 16, 2013, 10:17:55 PM |
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8 year max on this poll? only on bitcointalk, haha. i thought it was "any day now" many years ago. i, unfortunately, am fairly confident this business can and likely will be dragged out much longer than we'd like.
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Thenen
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November 17, 2013, 01:04:50 AM |
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I can't find never in the poll, everyone is so pessimistic about USD?
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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November 17, 2013, 02:20:59 AM |
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I can't find never in the poll, everyone is so pessimistic about USD?
Fiat currencies have never lasted through history before, why is the USD special? Because you use it? |
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Ibian
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Activity: 2268
Merit: 1278
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November 17, 2013, 03:06:28 AM |
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I'll just repeat myself again here. US debt is so high that they can't even pay the interest on their loans. This means the debt will keep increasing endlessly until the chinese get sick of seeing their money disappear, at which point the dollar will go belly up.
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Look inside yourself, and you will see that you are the bubble.
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beetcoin
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November 17, 2013, 03:21:19 AM |
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I can't find never in the poll, everyone is so pessimistic about USD?
Fiat currencies have never lasted through history before, why is the USD special? Because you use it? nothing in this universe has ever truly lasted anyway.. so the question is, how long have great empires lasted? the roman empire lasted 400+ years. america's been around since 1776 basically, but we haven't been the world superpower for more than 70 years. I'll just repeat myself again here. US debt is so high that they can't even pay the interest on their loans. This means the debt will keep increasing endlessly until the chinese get sick of seeing their money disappear, at which point the dollar will go belly up.
word, we are like japan. but the odd thing is that inflation is only 2% at this point... because no one is spending. |
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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November 17, 2013, 03:23:10 AM |
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I can't find never in the poll, everyone is so pessimistic about USD?
Fiat currencies have never lasted through history before, why is the USD special? Because you use it? nothing in this universe has ever truly lasted anyway.. so the question is, how long have great empires lasted? the roman empire lasted 400+ years. america's been around since 1776 basically, but we haven't been the world superpower for more than 70 years. Yeah; the Romans had their own way of exploiting the currency, but that didn't last either It's almost like people are raised in these bubbles where they're told America is this perfect place and nothing wrong could ever happen...but that'd be crazy. |
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Hfleer
Sr. Member
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Activity: 448
Merit: 250
Changing avatars is currently not possible.
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November 17, 2013, 10:43:09 AM |
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Wow, lots of doomsayers. I sure hope it lasts more than 8 years.
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Nik1ab
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November 17, 2013, 11:38:32 AM |
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Wow, lots of doomsayers. I sure hope it lasts more than 8 years.
Why? All fiat currencies have to die. |
No signature ad here, because their conditions have become annoying.
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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November 17, 2013, 01:34:51 PM |
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I think you should have extended the poll with more years, I believe the USD will be around for about 20 more years.
+1 until the day, that no one wants that shit anymore. |
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Nik1ab
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November 17, 2013, 01:59:06 PM |
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A less than 1 year option should be added to the poll  |
No signature ad here, because their conditions have become annoying.
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prof7bit
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November 17, 2013, 02:20:23 PM |
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Never, USD is a strong currency....
Bitcoin is orders of magnitude stronger. Darwin will tell you how this will play out. |
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Spendulus
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Activity: 2898
Merit: 1386
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November 17, 2013, 09:31:50 PM |
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Wow, lots of doomsayers. I sure hope it lasts more than 8 years.
Why? All fiat currencies have to die. Zombie currencies do exist, though. Mostly operated by vampires. |
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Mike Christ
aka snapsunny
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Activity: 1078
Merit: 1003
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November 17, 2013, 11:56:11 PM |
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Wow, lots of doomsayers. I sure hope it lasts more than 8 years.
Why? All fiat currencies have to die. Zombie currencies do exist, though. Mostly operated by vampires. Not even vampries can stay away from gold  |
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Spendulus
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Activity: 2898
Merit: 1386
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November 18, 2013, 12:25:39 AM |
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Wow, lots of doomsayers. I sure hope it lasts more than 8 years.
Why? All fiat currencies have to die. Zombie currencies do exist, though. Mostly operated by vampires. Not even vampries can stay away from gold Yep. But so far I have not seen any of the walking dead coming after bitcoins. |
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BTC_GHD
Member
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Activity: 98
Merit: 10
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November 18, 2013, 12:52:30 AM |
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It's hard to tell but I would say around 5-10 years
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SeanArce
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November 18, 2013, 03:44:14 AM |
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Never
Dollar cant collapse, just inflate.
This |
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Littleshop
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Activity: 1386
Merit: 1003
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November 18, 2013, 05:27:11 AM |
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I'll just repeat myself again here. US debt is so high that they can't even pay the interest on their loans. This means the debt will keep increasing endlessly until the chinese get sick of seeing their money disappear, at which point the dollar will go belly up.
That is simply not true. The US has never missed an interest payment. The interest is about $54 per month per person is the US. Not that this is a good thing, but the amount of interest is not going to kill the US dollar quickly. With some pretty simple (but not politically simple) budget cuts the deficit could be closed. In the long term it is not sustainable. |
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elektibi75
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November 18, 2013, 07:47:18 AM |
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It will never end...
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