Bitcoin can save the USA and dollar

[Waldorf77]

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

[DeathAngel]

The US could definitely buy a lot of Bitcoin to hedge against loss of purchasing power (which has been done because of their reckless spending, money printing & fiscal policies). Will they do it though, I am sceptical. The last I saw, the US was selling large amounts of Bitcoin that they had stolen confiscated from Silk Road & other illegal schemes.

[benalexis12]

If the US has a lot of Bitcoin holdings, maybe they can really survive or save the dollar. But if they print a lot of dollars, for sure, when there is too much, they will have problems because the value of the US dollar may fall when that happens. You get what it means.

The more they print money, the circulation of their supply of dollars will obviously increase, and this will lead to the problem of inflation. When this happens, the goods in the market will not be able to increase again, and there will be great pain and problems. It's back to the people.

[el kaka22]

So you are telling them to get rid of the power of being able to print money whenever they want? I mean if they print money and buy bitcoins with it, that means they will have a limited source of bitcoin, they can't buy it all, which means that they will have a finite amount, whereas the dollar printing has absolutely no limit, they printed like %50 of all dollars in the last 5 years, isn't that the power they need?

I mean it looks like inflation and terrible but they are still doing better than most, their parity against other currencies of the world is still quite strong and even after printing that much they are still not losing any economical power. So, they know what they are doing when they print. If they printed a lot and inflation ruined them and they did terrible then I would say that was a bad idea, but they print and still keep their power which means that they did had the leeway to print that much and doing fine with it as well.

[Antotena]

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.

Why don't you guys talk about what will happen when the price of bitcoin goes down? Don't you see that other commodities and stocks goes down in value and the government are always helpless on how to recover them, when bitcoin goes down, the economy will be in big trouble because the volatility will bring them Bach to worst era they are trying to avoid for the past 170 years.

Bitcoin is a great asset I really believe in butnits very constrain to some adoption because it's decentralized which is very great but the government don't like anything they can't control, they don't want to invest into asset that will be threaten by external country.

Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Stablecoin are synonymous to fiat, it's nothing different from what we have before but maybe there could be some place where bitcoin can help elevate the economy maybe adding it to the country external reserve and hold some but it can't be directly be a main subject of the government, it wouldn't work and I don't even want it that way because everything about bitcoin will be of the government and that is centralization era.

[DrBeer]

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Simple question - why would the US want to do this ?
Why would the U.S. raise some bitcoin that it does not "produce", thus raising the stocks of countries where bitcoin is generated or accumulated in large volumes ?  The dollar is demanded by the whole world, and in fact any amount of dollars will be absorbed by the WORLD economy without problems. At the same time, the U.S. will quietly, and only for its own benefit, print more dollars, as much as they need. At the same time, bitcoin reserves are limited, and bitcoin has no concept of an additional mission, which means that it will not be easy to cover any needs.
Bitcoin does not provide any advantages for the economy, and every country has the interests of its budget and a CONTROLLED (CENTRALIZED) financial system in the first place....

[avikz]

Here is how and why , USA want to print Money off course USA china and russia can Do that they are world top export countries.
But If you print too much we all know "inflation"
Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.
Same time fed can print and only small fraction of this printed money goes to people or economy most of the funds must go to the btc and btc will be accepted as form of payment to settle payments.
For example: USA want to buy from china so fed will print money and put this money in BTC the btc price goes up and btc will have value and you buy more with btc than any other currencies.
We are not talking about buying food or small items with btc we talk about export and imports between the countries.
Untfortunately stablecoins not solving the same old problem the inflation.
The bitcoin can solve this problem If countries will place restrictions and rules over fiat currency transactions but instead of fiat they use btc.
Not usa but all the countries can print and allocate most of the money in the btc and then using the btc for payment settlements.

Too much of daydreaming!

Ok here's the deal! If a nuke war happens and all major countries evaporate, we will elect you as the president of the world and you will then implement this rule of restricting fiat for export/import businesses.

Because otherwise I don't see it happening and even if it's happening, I don't see it solving the inflation issue. It needs a completely new world order.

[Velemir Sava]

Simple question - why would the US want to do this ?
Why would the U.S. raise some bitcoin that it does not "produce", thus raising the stocks of countries where bitcoin is generated or accumulated in large volumes ? 

At first glance it leads to what you said, but my question is one DrBeer, how Bitcoin will perform in the next few months.??

[Accardo]

Do you think the US government is seeking for help or need to be saved? I don't think so, but if whenever, however they require help, it wouldn't be bitcoin, because it's decentralized. The government don't want to rely on something, which isn't under their control. Dollar is the most recognized currency in the world, US choosing bitcoin over dollar, is like removing the currency, which contributes to the power of her nation and handing it over to bitcoin. It'll help the growth of bitcoin, but it's quite impossible for US government to make such a move. Added with the volatility nature of bitcoin.

[target]

Do you think the US government is seeking for help or need to be saved? I don't think so, but if whenever, however they require help, it wouldn't be bitcoin, because it's decentralized. The government don't want to rely on something, which isn't under their control. Dollar is the most recognized currency in the world, US choosing bitcoin over dollar, is like removing the currency, which contributes to the power of her nation and handing it over to bitcoin. It'll help the growth of bitcoin, but it's quite impossible for US government to make such a move. Added with the volatility nature of bitcoin.

Unless they control the market in the country which I think is already happening. They already have control of Coinbase through the stock shared with BlackRock and other institutions and then Binance.us where CZ recently paid billions to US authorities. I think they could back the USD by Bitcoin but the issue would be China and Russia are also ahead of their time and they also have a huge BTC market.

China alone has Hong Kong prepared to capture the crypto market. Interestingly when Blackrock applied for BTC ETF, China was also leaping to reopen crypto in China.

[kryptqnick]

The USA is the world's number 1 economy, and the USD has a very modest inflation rate. The USD is also the world's number 1 global reserve currency, with others significantly far behind. There are problems in the US, for sure. There's a huge foreign debt, there's significant poverty and insignificant social support when it comes to healthcare and quality education.
My point is, the USA doesn't need saving, as it's already doing the best in various categories. All the talks of potential defaults, stagnation, smaller influence or the USD losing its dominance as a reserve currency are vastly overrated if you compare assumptions to facts.

[pooya87]

Bitcoin can solve that problem the way that goverment will buy the bitcoin with printed money so btc price will be high and whenever the USA need to spend on military or something the payment will be done by bitcoins.

You should go check some numbers and come back. We are talking about trillions of dollars wasted on US war machine to murder people around the world. That is not something that bitcoin can cover.

Besides, the whole point of printing money out of thin air is to not have to spend money! If they want to acquire bitcoin they would have to first spend a lot of money and then have a restricted budget that they can no longer surpass. But with dollar they print trillions in a blinking of an eye to feed the regime's bloodthirst.

[Fuso.hp]

The dollar is an international currency and the American government would never want to do anything to reduce the demand or value of this international currency. Currently the euro competes with the dollar, but the euro is probably not used as much outside of Europe. The American government can use bitcoins for their military or other sectors but they don't use bitcoins because they want to keep their tradition of US dollars and they want the demand for these dollars to continue to grow. To be sure, the United States has a great influence on the world's economic markets. The US doesn't use bitcoin it's not like they use bitcoin but they don't promote it because they are using bitcoin any of this promotion will increase the price and demand for bitcoin not the demand for dollars.

[pinggoki]

The problem is that bitcoin can only save the people of the country and not the people on the government and the established institutions with a long line of tradition that bitcoin will definitely break if not destroy. I wouldn't agree that it's going to save the dollar though, I feel like with bitcoin being used more by the people in the US, the dollar will eventually not be that worth it to have so they just go with bitcoin, maybe right now we think that bitcoin is going to save the dollar since we're seeing bitcoin with it's value in dollars rising and USD is the global reserve currency and most countries have a high exchange rate with the USD so we end up with the idea that bitcoin will save the dollar, I wouldn't say save but more like strengthen though.

[hugeblack]

Using Bitcoin to settle international transactions is possible, but you need to guarantee these countries that the value of Bitcoin will be stable. Otherwise, these countries may not use Bitcoin due to price fluctuations. The value of Bitcoin will be stable if there is a large demand and in return there is no violent change in supply, just as It will occur when the effect of halving is small or limited, such that supply is constant and demand is increasing or constant, and thus the price is somewhat stable.

As the chart shows, this will happen from 2040 to 2060.

[Woodie]

Unfortunately it's not as easy as it sounds especially  for the fact that the USA don't have full control of Bitcoin , factor in volatility etc makes this an impossible task.. and if they print more dollars to buy bitcoin it kind of weakens the currency as forex is leaving the country...

To top it off a balance of trade needs to exist to strengthen the dollar and other factors have to compliment it such as employment rate has to go up, a good political atmosphere etcetera...

At this point the US needs good allies on its front as currently BRICS is also really squeezing them from accessing cheaper gas and needed commodities.

[MusaMohamed]

Bitcoin is here not to save anything, anyone. It is Bitcoin and is always itself.

The US. dollar is created by the USA. government and its central banks so logically only the USA. government and FED can save the US. dollar.

If they can stop printing money, and can burn what they printed, they can save the US. dollar. It is not what they will do so the US. dollar will not be saved. Its purchasing power will decrease with time like this.

Purchasing Power of the U.S. Dollar Over Time

[Kakmakr]

The only thing that can "save" the USA and the Dollar now, are to stop fighting in other people's wars or to stop funding it. People cannot imagine how much money the US pumped in the "War against terrorism" in the middle east and now into the Russia and Ukrainian conflict and also the Israel vs Hamas war. 

Did they actually win any of these wars? ISIS are stronger than ever and Vietnam kicked their ass... and the only people benefiting from this are the people selling the weapons. 

[bayu7adi]

US being the holder of the USD, would likely choose not to do that, as long as using the USD is advantageous for them. Why not continue with the existing culture? The government is not foolish enough to make crucial decisions like this. Moreover, to date, the USD still dominates the international market. Wouldn't it be bad news if the US government decided to eliminate the USD for international trade and instead use BTC, which wouldn't be beneficial for them?

BTC seems like it could be used on a large scale, but not for international transactions of that magnitude. Although governments and banks can print more money, they still need to control inflation to remain in command. BTC doesn't experience inflation and is also challenging for the US to fully control. Therefore, the US is likely not to use BTC for their international trade activities. Better for them using their currency to take some bonus from their international activity.

[bitLeap]

If America thought like you, it probably would have happened a long time ago. But will the US give up the fiat value they have always guarded and the freedom to print to recognize the existence of bitcoin? that's the problem. The US is the US with its fiat system which must continue to be maintained so that every country is still subject to the power it has. If the US suddenly supports Bitcoin purchases it means there will be many questions and people will lose confidence in the Dollar. The US cannot be dictated to in financial matters, they want to be seen as the only one.