BITCOIN GLORIOUS DAYS MIGHT JUST BE HERE

[meanwords]

I heard the news too from some source. US dollars is getting weaker it seems. It is more likely that China and Russia will lead to the rejection of dollars because we know how Russia's and China's are getting stronger each day. As for cryptocurrency. People won't migrate to Bitcoin immediately. Since the risk is still high enough, they won't do it but they will consider it.

[matthewio]

We live in a debt-based economy and the debt keeps pilling up. US is chief when it comes to this , keep pilling up debt and raising the debt ceiling. Ideally this should make alternative currencies such as bitcoin much more powerful but governmemt seem to always play the smart one on everybody-suppressing the growth of bitcoin.Eventually, bitcoin will soar

[rollingstorm45]

The possibilities are there to adopt bitcoin but I don't think it is going to play the role of fiat also but solely as cryptocurrency or digital currency. But my question is to the last part of where you alluded that the US dollar is collapsing or in the event of its collapse. Please, how did you arrive at that analysis and conclusion?

the possibility of a collapse of the US dollar is very unlikely, because the dollar is an international currency and all countries when trade between countries must use dollars, this makes the position of the dollar very strong. if the dollar collapses then all the business world will collapse. if crypto has the potential to replace the dollar, it is only an alternative payment.

[gabmen]

The possibilities are there to adopt bitcoin but I don't think it is going to play the role of fiat also but solely as cryptocurrency or digital currency. But my question is to the last part of where you alluded that the US dollar is collapsing or in the event of its collapse. Please, how did you arrive at that analysis and conclusion?

the possibility of a collapse of the US dollar is very unlikely, because the dollar is an international currency and all countries when trade between countries must use dollars, this makes the position of the dollar very strong. if the dollar collapses then all the business world will collapse. if crypto has the potential to replace the dollar, it is only an alternative payment.

I agree with that. I don't really understand why a lot of people here seem to be very sure of a dollar collapse when the backlash of that can potentially be catastrophic and may take a long time before the economy can recover. I don't think crypto by itself can save us from that.