kro55
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August 18, 2024, 05:45:02 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
I was born in the time of the USSR ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Since my childhood before the collapse of this anti-human education I heard “the dollar is worthless, the collapse of the dollar is inevitable, tomorrow the dollar will collapse,...” and so on mental perversions ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) The USSR collapsed, the Warsaw Pact alliance collapsed. The economies of countries that set the destruction of the dollar as the goal of their lives, and at the cost of the lives of their citizens, are collapsing. But... The dollar, with all the nuances continues to live and is considered a demanded currency. By the way, all totalitarian rulers “fighting the USA” keep their savings in the dollar ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This is from practice. Now a question from theory - have you calculated what will happen to the world economy in the “collapse of the dollar” ? Do you really dream about it ? Honestly ? It cannot be denied that the USD is still very strong and it is difficult for any currency to usurp its throne in the near future. But have you ever learned about the history of world currencies and how many currencies dominated the world before the USD dominated the world? If I remember correctly, before USD, we had 5 different kings who took turns ruling before USD appeared. That shows us that nothing lasts forever and USD is no exception. Maybe it won't happen in our time, but certainly in the future, history will repeat itself again, the USD will be surpassed by another currency. Like bitcoin, no government ever thought the world would have a decentralized currency created that was not controlled by them. But what now? They have to accept the fact that things they thought would never happen are happening. Don't claim anything in the future when you are not from the future.
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Wind_FURY
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August 18, 2024, 05:51:11 AM |
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When dollar collapse ?
I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost.
But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ?
It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
Those YouTube videos use their doomsday suggestions/projections merely to get your attention and to give them the views they need to increase their follower count. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) The U.S. Dollar may be declining, but there won't be a "collapse". I believe that it will merely be a slow transition to another Global Reserve Currency. It won't be China's Yuan in its current form, when its liquidity, investability, and spendability is not as good as the U.S. Dollar.
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DrBeer
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August 18, 2024, 08:39:09 AM |
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Dollar is a fiat to a country so if dollar collapsed, it will affect the citizens of that country and internationally, it will affect many businesses but those countries that are forced to accept dollar for exchange purpose will be liberated. And free trade might be implemented in the African continent. And African countries will be free from the neo-colonialism. I only know that, dollar was down in the 20s and not now. As we speak dollar is the number one strongest currency in the world.
One simple question - who or what is now “forcing African countries to use the US dollar” ? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But honestly - list the names, organizations, etc. who is forcing them to do so? During my life I visited several African countries in the period from 200 to 2016, and communicated with local businessmen and people, so they told me that they do not suffer from the dollar, but suffer from corruption, corrupt officials and the “alliance” of local authorities and corrupt international organizations like the Red Cross and the UN, which do not allow, for example, to develop the agricultural sector and attract investment in these countries, because in this case the global system of plundering funds in the form of the program “aid to African countries” will collapse. Don't you want to talk about that?
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bestcoins1
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August 18, 2024, 08:53:01 AM |
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Dollar is a fiat to a country so if dollar collapsed, it will affect the citizens of that country and internationally, it will affect many businesses but those countries that are forced to accept dollar for exchange purpose will be liberated. And free trade might be implemented in the African continent. And African countries will be free from the neo-colonialism. I only know that, dollar was down in the 20s and not now. As we speak dollar is the number one strongest currency in the world.
For now, the dollar itself is still quite strong and is still used in international trade and by several countries so it cannot be considered to have fallen. However, if we look at the possibilities, it is still very open because several countries at this time have also begun to dislike the dollar and prefer their own country's currency. In addition, if in the future there can be more countries to free themselves from dependence on the dollar, it could have an impact on the fall of the dollar itself. Because now gold and Bitcoin are seen as important and quite valuable assets that could make most countries conduct their trade transactions using gold and Bitcoin.
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NotATether
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August 18, 2024, 09:01:33 AM |
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I keep seeing on Youtube and from experts the dooms day for USA and dollar ?
Which channels and which experts? Because a lot of that content is just rage-baiting to rake in Youtube advertising money. (the dollar is pretty shit though, it keeps inflating making everything more expensive, even fast food.)
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iv4n
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August 18, 2024, 02:07:44 PM |
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I would like to see the dollar collapse, as well as all other fiat currencies.
As if crypto is clean as baby's behind. It won't happen, a quite large % or crypto lover hate FIAT, forgetting that Crypto without FIAT would not even exist. Bitcoin was created to enable value transfers from P to P. Not to replace FIAT. First of all, crypto would not exist without the technology that enables crypto to do what it does. It has nothing to do with FIAT currencies, it is simply an evolution and moving on... Crypto is being used for many good & bad things, it's up to people how they will use it. The same is works for fiat, but you need to think about how Bitcoin is created, who controls it, why it's an "open ledger", and other stuff. Compare that with fiat currencies and maybe you will understand why fiat is corrupt to the bones. With crypto and a lot more transparency things can be a lot different. Bitcoin was created to enable value transfers from P to P. Not to replace FIAT.
Why was Bitcoin created? Although Nakamoto remains a mysterious figure, his goal for creating cryptocurrency, in itself, was never a mystery. Simply put, he created it to take financial control back from financial elites, giving ordinary people a chance to take part in a decentralized financial system. Maybe you should also think about what Satoshi was trying to say with this, and what it means to "be your own bank". If every person becomes his own bank, will we need "banks" that only get rich from us?
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legendbtc
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August 19, 2024, 01:11:53 PM |
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Haven't we often told each other that the centralized monetary system will soon collapse, we should invest in bitcoin to avoid the collapse of the traditional monetary system? Isn't USD a centralized currency?
To be honest, I really don't understand what people are thinking. In other topics, some people claim that bitcoin is the only currency that will last forever because it is decentralized and censorship-resistant, the monetary system will soon collapse. But in this thread or other threads about the collapse of the USD, you say it will never collapse. It's tough to understand what your point is.
Nothing lasts forever and USD is no exception, but it will collapse but not now.
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DrBeer
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August 19, 2024, 07:51:46 PM |
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Haven't we often told each other that the centralized monetary system will soon collapse, we should invest in bitcoin to avoid the collapse of the traditional monetary system? Isn't USD a centralized currency?
To be honest, I really don't understand what people are thinking. In other topics, some people claim that bitcoin is the only currency that will last forever because it is decentralized and censorship-resistant, the monetary system will soon collapse. But in this thread or other threads about the collapse of the USD, you say it will never collapse. It's tough to understand what your point is.
Nothing lasts forever and USD is no exception, but it will collapse but not now.
As long as there is power, greed, corruption, and other “peculiarities of man”, monetary systems will always remain centralized. The reason is banal - money is power. No one will give up power. You probably think that soon many countries will launch CBDC ? Well, I have to disappoint you very much ! CBDC is an evil that many people do not realize yet. It will be disproportionately worse than what we have now..... Probably not everyone realizes what CBDC really is.
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Smartvirus
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August 19, 2024, 10:01:46 PM |
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When you’re talking about the collapse of a currency, what you’re really having to talk about here is inflation. This deals with the strength of a currency to another as per valuation, having to describe the productivity of a nation in respect to its local goods and foreign importations of product. Dollar would fail, domes days for dollar and blah blah blah on the various channels you devote your time then ask yourself this,
Is your country actively producing? Are you being rocked by inflation today? What measures are being put in place to tackle inflation in your country?
Dollar still stands as a reserve currency and what ever affects dollar could have a chain relation to associated nations respectively. There are rumors of China and Russia looking to by pass dollar but, you know it’s going to be real difficult for sure.
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FinePoine0
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August 20, 2024, 02:19:56 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
I don't think it is possible for the dollar to fall, because the few international transactions that take place are mostly done through dollars. But every country has its own currency but the dollar is international so it is not so easy to lose its value. But it may be that if some other better method and strategy comes then the dollar may lose its value, but this dollar has been playing a role in the transactions of every country in this world for a long time.
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bubilas
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August 20, 2024, 05:20:02 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
I couldn't understand before why the dollar is so strong as a currency. And I also couldn't understand why it wasn't backed by gold reserves. In fact, it's just a piece of paper with presidents. But it turns out that everything is not so simple, the point is that the dollar is recognized in many places, and the very point of the dollar is that it is American. The US has shown itself as a country that knows how to invest correctly in the economies of other countries, giving them a financial boost, look at South Korea for example.
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DrBeer
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August 20, 2024, 07:22:39 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
I couldn't understand before why the dollar is so strong as a currency. And I also couldn't understand why it wasn't backed by gold reserves. In fact, it's just a piece of paper with presidents. But it turns out that everything is not so simple, the point is that the dollar is recognized in many places, and the very point of the dollar is that it is American. The US has shown itself as a country that knows how to invest correctly in the economies of other countries, giving them a financial boost, look at South Korea for example. The value of a dollar is not in the paper, but in what is behind that “paper”: - The political weight of the U.S. in the world - The U.S. economy - Technology - Army .... and much more that ensures the value and stability of the dollar. This is why I always say - the dollar can of course be displaced by another currency. But for this to happen, a country must emerge that is more powerful than the US by all measures. But...so far this scenario is unlikely
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dezoel
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August 20, 2024, 09:21:33 AM |
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Haven't we often told each other that the centralized monetary system will soon collapse, we should invest in bitcoin to avoid the collapse of the traditional monetary system? Isn't USD a centralized currency?
To be honest, I really don't understand what people are thinking. In other topics, some people claim that bitcoin is the only currency that will last forever because it is decentralized and censorship-resistant, the monetary system will soon collapse. But in this thread or other threads about the collapse of the USD, you say it will never collapse. It's tough to understand what your point is.
Nothing lasts forever and USD is no exception, but it will collapse but not now.
There is no doubt everything is going to be had end with $ is also having his end but no doubt it's not happening now and in near future because we all know still US is only superpower, and they can manage things for the strengthening of their currency we have too many ups and downs with few regional blocks are coming for having some changes, but this all is never been easy we have to understand few things YouTubers are having their own conspiracies, and they are creating feud as well, but it's not all about this collapse they are doing this for having their own views. Just because of this social media and specially YouTube now we are having too many mess-ups which are creating problems for the peoples but as they are doing its surely not going to be had any impact on current world and US $ we have to understand ground realities about this with just wait and watch surely things will be taken change.
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EarnOnVictor
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August 20, 2024, 10:10:29 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
I sense you are only downplaying the dollar collapse mantra, it's more than that because such a term is rarely used in the market when experts analyse it. It means that a serious fall may happen that could be caused by rare invents like major economic collapse, recession, depreciation etc. I hope this will not be the fate of the US even as all hands are on the desk to forestall the issue. The US economy is not at its best but certainly not the first time the country has witnessed such a downturn but still bounced out of it heroically. But mark this, those who want the US and the US dollar to fail will always wait in shame because that is the country with the best brains when it comes to economics. That said, all I expect this year and the next is the usual minimal rise and fall of the USD index, so no cause for panic.
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Usdcboss
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August 20, 2024, 10:47:33 AM |
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When dollar collapse ? I keep seeing on Youtube and from experts the dooms day for USA and dollar ? Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost. But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom. So are we really see dollar collapse ? And when ? It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.
Yes dollar will collapse it's good i can buy cheap. That's how the market works you buy when cheap sell when high. There is endless china and usa fight no winner no loser. You keep the bets on both sides you always winner.
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tygeade
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August 20, 2024, 11:03:51 AM |
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Quite a lot of people believe that a state is like a small timer business. A state is a layered creation which has quite some time to grow. Especially in the states, where the government has developed a symbiotic relationship with the economy.
What can be developed and can be an income will continue to be done by each country because the economic relationship that can benefit both parties is not a small enough business because a small business is just a business that does not have a large enough income. Now almost all countries are struggling to keep their own currency valuable and not dependent on other currencies, so there will be many unique possibilities that can occur in the world economy in the future. And everyone must be ready for any changes that may occur. The chance is that any company that deals with other nations will have a lot more chances and that's the important part. If you are an American company for example and you are selling a product to UK, you will have a lot of advantages and your nation (in this case USA) will help you with it as much as they can. This is because nations realized that they can't just be self-sufficient and their currency gets lower, which means that we are talking about making money from other nations, or more importantly can be said "taking" money from other nations. If you do that then you are going to end up with a much better result as a nation. This is why we are going to end up with companies getting a lot more help from their own nation if they are selling to other nations. We will definitely have hard time just selling our product to our own nation, hence we need to consider globalization. In this case e-commerce is definitely a great way of improving our chances of selling stuff to others.
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legendbtc
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August 22, 2024, 12:22:46 PM |
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Haven't we often told each other that the centralized monetary system will soon collapse, we should invest in bitcoin to avoid the collapse of the traditional monetary system? Isn't USD a centralized currency?
To be honest, I really don't understand what people are thinking. In other topics, some people claim that bitcoin is the only currency that will last forever because it is decentralized and censorship-resistant, the monetary system will soon collapse. But in this thread or other threads about the collapse of the USD, you say it will never collapse. It's tough to understand what your point is.
Nothing lasts forever and USD is no exception, but it will collapse but not now.
There is no doubt everything is going to be had end with $ is also having his end but no doubt it's not happening now and in near future because we all know still US is only superpower, and they can manage things for the strengthening of their currency we have too many ups and downs with few regional blocks are coming for having some changes, but this all is never been easy we have to understand few things YouTubers are having their own conspiracies, and they are creating feud as well, but it's not all about this collapse they are doing this for having their own views. Just because of this social media and specially YouTube now we are having too many mess-ups which are creating problems for the peoples but as they are doing its surely not going to be had any impact on current world and US $ we have to understand ground realities about this with just wait and watch surely things will be taken change. I agree with you, the USD will not collapse in the near future, the US is still doing everything it can to maintain its dominant position as long as possible. But saying that it will never collapse is a myth and a blind trust because nothing can last forever. Actually if the OP or everyone took the time to learn about what's going on in the world it would be easy to see that. Many countries are trying to reduce their dependence on the USD and this has become increasingly evident in recent years as BRICS has accelerated the bloc's development. Of course, this won't cause the USD to collapse, but it's clear that the USD is gradually weakening and think about what will happen over time if BRICS strengthens? The currency war will never stop, if the USD can beat the British pound to become king, sooner or later the same thing will happen to them, because that is the cycle of our economy.
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bitgolden
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August 24, 2024, 05:42:50 PM |
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I don't think it is possible for the dollar to fall, because the few international transactions that take place are mostly done through dollars. But every country has its own currency but the dollar is international so it is not so easy to lose its value.
He is talking about collapse there, not fall and I think both are not the same but to me, I think the word collapse is more intense than the word fall. If I can make an example, I can say that a collapse is like a shitcoin who dumps and never recover again but a fall is only like a dip in the price of BTC and the chance for it to recover is still or always there. Now that we already figured out their meanings, I guess it is now easy for us to choose a proper word in order to have a response in the OP's question. Even though you already choose the word fall, it is still wrong to say that it is not possible for the dollar to fall. There is an image about it in fact which compares if what we can buy with a one dollar now compared to before but it's not just a simple fall, rather it is caused by the inflation. If without the involvement of the inflation, there is still a small decline that a dollar can experience sometimes and just like in BTC, it is still possible for it to recover too. Anyways, the next thing that you said is the reason on why it is less likely for the dollar to collapse. it may be that if some other better method and strategy comes then the dollar may lose its value, but this dollar has been playing a role in the transactions of every country in this world for a long time.
The dollar already loses its value but as we can see, it is still considered as the main currency of all the countries in the world, so even if other perform well, I don't think we can see them in the position of the dollar.
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jaberwock
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August 25, 2024, 04:52:10 PM |
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As long as there is power, greed, corruption, and other “peculiarities of man”, monetary systems will always remain centralized. The reason is banal - money is power. No one will give up power.
You probably think that soon many countries will launch CBDC ? Well, I have to disappoint you very much ! CBDC is an evil that many people do not realize yet. It will be disproportionately worse than what we have now..... Probably not everyone realizes what CBDC really is.
I agree with this 100% without a doubt. CBDC will be insanely terrible at the hands of wrong people, we are going to end up seeing people face so much problems and that is going to end up with issues for them. I think it is going to end up being something that will be very tough if we keep getting crazier results, it has to be very careful project. I believe that we are going to see a result with CBDC which will be even more corrupt by the officials, and at that point I feel like it might actually be more open to public as well, which will make us go mad even more. I can't believe that people have a belief that it will fix everything, nothing can fix it because politics is simple, if my guy is doing crimes then I support him, if the other guy is doing something decent I still don't support him, that's politics, so both sides will ALWAYS find people who will support them no matter what crime they do, and CBDC will not fix anything about that part at all.
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N.O
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August 25, 2024, 10:07:40 PM |
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As long as there is power, greed, corruption, and other “peculiarities of man”, monetary systems will always remain centralized. The reason is banal - money is power. No one will give up power.
You probably think that soon many countries will launch CBDC ? Well, I have to disappoint you very much ! CBDC is an evil that many people do not realize yet. It will be disproportionately worse than what we have now..... Probably not everyone realizes what CBDC really is.
I agree with this 100% without a doubt. CBDC will be insanely terrible at the hands of wrong people, we are going to end up seeing people face so much problems and that is going to end up with issues for them. I think it is going to end up being something that will be very tough if we keep getting crazier results, it has to be very careful project. I believe that we are going to see a result with CBDC which will be even more corrupt by the officials, and at that point I feel like it might actually be more open to public as well, which will make us go mad even more. I can't believe that people have a belief that it will fix everything, nothing can fix it because politics is simple, if my guy is doing crimes then I support him, if the other guy is doing something decent I still don't support him, that's politics, so both sides will ALWAYS find people who will support them no matter what crime they do, and CBDC will not fix anything about that part at all. Yes , Dollar will not collapse in future because PM of America is taking the step for digital currency and he will take action for the stability of dollar. Dollar will be strong in future because America will trade with foreign countries and it will import it's products and after that dollar value will increase and we will see the pump in dollar price. After the COVID 19 every country is effected . In many countries dollar has great value and in few countries they don't give the value to dollar and they use their own currency. America is dictator and has weapons and modern machinary and that's why it is dominant on World.
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