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Author Topic: Imagine dollar value If eu will be in war  (Read 630 times)
Mrbuck (OP)
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September 13, 2024, 08:07:27 AM
 #1

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early
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September 13, 2024, 12:47:45 PM
 #2

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early

Your views concerning the changes in nature, cryptocurrencies, and stablecoins, like USDC and USDT, are an interesting trend in the financial sector. The growing use of stablecoins reflects the general trend of everything moving online. Stablecoin enables traditional currencies to stabilize. All this while still using blockchain technology to make transactions even faster and more accessibly safe. If stablecoins were to do well, that would raise global demand for the dollar. While the use of cryptocurrencies surely plays a big role in determining the value of the dollar, it's about many other factors, too. These include, among others, economic and geopolitical circumstances. Interestingly, the decline of other major currencies such as the Euro and GBP has greatly improved the purchasing power of the dollar, although this rather simplifies the volatility of currency markets. Dollar or stablecoin investments may sound very profitable, but one should not close his eyes to all the risks and turbulence that take place within the frames of this cryptocurrency market. Only well-informed and reasonably balanced investment can drive such developments.
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September 13, 2024, 02:13:09 PM
 #3

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early

The USA isn't "moving towards crypto" and the US government didn't create USDC and USDT.
The EUR won't be out of the picture anytime soon. The European Union cannot "go to war" because the European Union isn't a military organization. NATO can "go to war", which means USA, UK, Canada and other countries, which aren't members of the EU.
Isn't this yet another forum account, created to spam the Economy forum with low quality posts and praising stablecoins and fiat currencies?
Are there any moderators here?

 
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September 13, 2024, 05:52:24 PM
 #4

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early

Where did you see that United States is moving towards cryptocurrency? Rather, in Biden regime, it looks like they are resisting crypto adoption.

But it is true that if eurozone goes into a full scale war, US dollar is going to be benefited. Otherwise why do you think that us wanted Ukraine to be a part of NATO alliance?

When the Russia Ukraine war started, every single European countries have seen a huge surge in energy prices. Do you think it is not calculated? It is an old debate, but Russia Ukraine war is a created war to bring down the value of Euro by creating disturbance in the region. Another goal was also to and Russia's dominance as an oil supplier.

If euro loses, the only gainer is dollar.
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September 13, 2024, 07:54:36 PM
 #5

This is just your own assumption that one day, the US dollar will become the only acceptable global currency for trade because of war, this may likely not happen or better still the dollar losing it value and power with the coming of new development and currencies such as Bitcoin, the US dollar and all it associated stable coins may not increase in value even during war and this is as a result of the intrinsic value that takes a lot of changes that requires regulatory policies to change it design status.


There is a lot of politics is the global currency and trades and allowing one dominant currency to gain value over other will hamper the decentralization of the global economy and trade's which will further excalate the war so this will be prevented from happening.
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September 13, 2024, 08:08:48 PM
 #6

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early

The USA isn't "moving towards crypto" and the US government didn't create USDC and USDT.
The EUR won't be out of the picture anytime soon. The European Union cannot "go to war" because the European Union isn't a military organization. NATO can "go to war", which means USA, UK, Canada and other countries, which aren't members of the EU.
Isn't this yet another forum account, created to spam the Economy forum with low quality posts and praising stablecoins and fiat currencies?
Are there any moderators here?
You just nailed him haha I mean I have read such topics praising crypto over stablecoins and vice versa and they are giving the same vibe as this post gave. I think it won't be moderated by the mods as nothing bad happened here as this post was much better than others.

I was going to mention the same point to the OP: the U.S. government did not create USDC or USDT. These stablecoins were developed by private entities, not state institutions. Moreover, many other countries are also offering stablecoins backed by their own local currencies, so it's not just the U.S. providing digital assets tied to fiat currencies.

While the demand for the U.S. dollar remains high, largely due to its dominance in global trade, we are beginning to see a shift. Several countries, including Russia, are increasingly conducting transactions in other currencies, potentially reducing the global reliance on the dollar. This shift could accelerate as more nations explore alternatives to the dollar for international trade. BRICS is one of the examples.

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September 14, 2024, 02:19:12 AM
 #7

If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.
You misunderstand about purchasing power of the US. dollar and fiat currencies in a whole.

Purchasing Power of the U.S. Dollar Over Time is a fact check for you. If you are lazy to read that article, see a fact-checked graphics.

About EUR or GPB in Europe, if war happens there more seriously, get massive escalation there, and their fiat currencies lose purchasing power, it's their problems. It does not mean the purchasing power of US. dollar will increase.

R


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September 14, 2024, 05:33:46 AM
Merited by CryptopreneurBrainboss (5)
 #8

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early

Dollars seem to be stronger and more stable than other currencies, but it is also losing value. The purchasing power of the dollar has decreased over the years. I don't know how you got the information that the EU is going to war. Maybe you are considering Putin's threats targeted at stopping NATO from permitting Ukraine to use long-range missiles. If the EU go to war, it will affect the US economy negatively, which might also lead to a decline in the value of the dollar.

Stablecoin enables traditional currencies to stabilize.

Stablecoin is just like an online or Blockchain fiat that has the same value as the physical currency. The value of the physical fiat will reflect in such stablecoin. Stablecoin decreases or value increases just the physical fiat version. So having a stablecoin wouldn't contribute to the stability of any traditional currency.

R


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September 14, 2024, 06:21:51 AM
 #9

USA is not crypto friendly and it won't be sooner as you may imagine.
USA isn't oriented to USDC neither creating USDT.
Europe won't go in war unless in WW3 with USA involved.

Op you have a creative utopian imagination.


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September 14, 2024, 08:42:38 AM
 #10

As others pointed out, the US government and financial authorities have nothing to do with USDT or USDC. These are just stablecoin projects, with currencies allegedly backed by USD and other assets to ensure 1:1 ratio.
The USD is a strong currency, I won't argue with that. But most EU countries are in NATO (with notable exceptions, but it's unlikely that, say, Austria will be at war while Poland won't be). The US pledged to protect its NATO allies in case of war, so those countries being at war likely mean the US being at war as well. And while war can be a time of some economic opportunities, I think that at least initially that kind of development is likely to have a detrimental impact on the global economy and on major Western fiat currencies as well.

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September 14, 2024, 08:56:33 AM
 #11

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
USA or US government did NOT create these shitcoins you named here. They are created by individuals that some of them aren't even American. For example the Tether guys have their headquarters on an island off the coast of Puerto Rico!

STOP advertising these centralized shitcoins that are extremely risky to hold since their companies can freeze your account or even get shut down themselves by the US government.

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September 14, 2024, 04:42:43 PM
 #12


It would be great if you'd understand better what you're talking about.
Plus: if EU goes to war, there's little chance US can avoid it

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September 14, 2024, 05:18:17 PM
 #13

As far as I know, USDT and USDC are not products made by the US government, they are just stablecoins developed by private parties - even the US government considers USDT and USDC the same as other cryptocurrencies, even though they use USD as their backing. Also, Europe and the UK are not stupid enough to let their currencies weaken, they will try by all means to keep their currencies from being weakened by other countries' currencies, they are not even stupid enough to go to war, because there will be consequences that they may receive and they do not expect that there will be other countries that take advantage of it.

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September 14, 2024, 06:56:23 PM
 #14


When the Russia Ukraine war started, every single European countries have seen a huge surge in energy prices. Do you think it is not calculated? It is an old debate, but Russia Ukraine war is a created war to bring down the value of Euro by creating disturbance in the region. Another goal was also to and Russia's dominance as an oil supplier.

If euro loses, the only gainer is dollar.

Putin's Russia, attacking Ukraine, counted on a completely different development of events. They planned to seize the entire territory of Ukraine in a few days, stunning it with such a large number of attacking armored vehicles. They also counted on many officials in the highest echelons of power in Ukraine, including among the high-ranking military of Ukraine, bribed by Russia. These Kremlin agents, in order to show their work for the transferred large sums of money, provided the Kremlin with false information that the Ukrainian people would meet the Russians as their liberators with flowers and there would be no significant resistance. Therefore, Russia entered Ukraine in columns of armored vehicles, stretching for tens of kilometers. They turned out to be relatively easy prey for the Armed Forces of Ukraine. On good roads, these marching columns were quickly destroyed by artillery and small mobile groups with MANPADS. And to get off the paved roads and deploy into battle formations at that time was practically impossible due to the spring flood and the soggy Ukrainian black soil, in which the tanks were buried literally up to their turrets. The people of Ukraine met the occupiers not with flowers, but with Molotov cocktails with a pressurized mixture. That is why, after only a month, having suffered significant losses, the Russian troops shamefully fled from the central and northern parts of Ukraine. For a long time after that, the Ukrainians collected the Russians' armored vehicles that were stuck in the fields with their ammunition intact, or sunk in the flooded rivers.

Putin was counting on a quick takeover of Ukraine and on the fact that the West would not even have time to react to its occupation. The rise in energy prices was explained by the fact that by starting a war with Ukraine, Putin began to blackmail Europe by stopping the supply of oil and gas to them if they would help Ukraine defend itself.

This war has been going on for over two and a half years, from which Russia no longer has a dignified exit. Russia has almost exhausted its military resources and has recently begun to threaten to use nuclear weapons. But Ukraine will be forced to defend itself no matter what happens. After all, we are talking about its existence as a state. Blackmail with nuclear weapons does not work here, as evidenced by the successful counterattack of the Ukrainian Armed Forces on Russian territory and the capture of more than 2,000 kilometers of the Kursk region of Russia.

So far, we do not see that the war has had a significant impact on the dollar or euro exchange rates. And what will happen next is very difficult to predict. After all, the decrepit Kremlin dwarf, driven into a corner, can drag to the grave with him not only over 600,000 already destroyed Russian soldiers and hundreds of thousands of Ukrainians, but also a large number of civilians of both his own country and neighboring countries.
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September 14, 2024, 07:17:48 PM
Merited by pooya87 (2)
 #15

Now we see why the USA moving towards crypto and they created new dollar the USDC and USDT and other stablecoins to make sure people have a lot ways to adobt dollar.
If eur and gbp will be out of the pictuere then imagine dollar purache power..... it's like 1000000% value.

You better stack up the dollars Smiley dollar is now like ico you get in early
What you think, what's USDT? United States Department Tresury? Cheesy And USDC? United States Dollar Crypto? Cheesy Pooya gave you a good answer.

Just think about this. If EU and Britain go into war, do you think that Russia will be alone? There are 27 countries in EU, most of them have a big economy and are technologically very advanced. If they go into war, there will definitely be an usage of nuclear weapons, right? And do you also really think that Russia will be alone? Besides Russia, there is China, Iran, North Korea and many other countries. Then behind them there are some other countries and so on. It will lead to World War 3. Who the hell do you think is going to manufacture an iPhone or something if there is a war and they die? Who the hell wants USD if people die and countries collapse? Think about it and don't write some illogical nonsense.


It would be great if you'd understand better what you're talking about.
Plus: if EU goes to war, there's little chance US can avoid it
If EU goes to war, the USA is automatically into it. Not a little chance, there is 0 chance that US can avoid it.


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September 14, 2024, 07:22:10 PM
 #16

If EU goes to war, the USA is automatically into it. Not a little chance, there is 0 chance that US can avoid it.

During the history, politicians and rulers have turned their back more than once to treaties and betrayed their allies.
In the same way, certain US candidate has quite a potential to do the same. So, even if not great, the chance is imho > 0.

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September 14, 2024, 09:13:04 PM
 #17

Depends on whether the US is the enemy or not.  Grin

Buddy, if the EU goes into war, then pack your stuff and find a shelter to live for the next couple of years, because it'd most certainly result in a world war. Every currency would plummet, including Bitcoin.

There’s a paradox when it comes to fiat currencies. While war causes a significant decline in their purchasing power, it also strengthens them, since fiat currencies are fundamentally backed by the military. (And even more crucially, the military itself is backed by fiat currencies!)
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September 14, 2024, 09:56:28 PM
Merited by ajanwalker (1)
 #18

I don't know where to correct this post. The probability of EU going to war is very low. Even if such a dystopian situation occurs, USD has serious competitors like CNY. Also considering the speed of USD printing, there is no point in accumulating dollars right now. USD is not similar to ICO in any way, you are not too early to collect USD, that train has long gone.
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September 14, 2024, 11:10:09 PM
 #19

Depends on whether the US is the enemy or not.  Grin

Buddy, if the EU goes into war, then pack your stuff and find a shelter to live for the next couple of years, because it'd most certainly result in a world war. Every currency would plummet, including Bitcoin.

There’s a paradox when it comes to fiat currencies. While war causes a significant decline in their purchasing power, it also strengthens them, since fiat currencies are fundamentally backed by the military. (And even more crucially, the military itself is backed by fiat currencies!)
Even if that happens I think the internet will go out all over the world, how chaotic it would be if war happened, of course all of that is very undesirable. So far I have observed that the economic war continues to take place where one party competes with another in the era of development. I think bitcoin is far superior if that happens and the choice of usd is a bad thing if the era of economic war heats up.

I don't know where to correct this post. The probability of EU going to war is very low. Even if such a dystopian situation occurs, USD has serious competitors like CNY. Also considering the speed of USD printing, there is no point in accumulating dollars right now. USD is not similar to ICO in any way, you are not too early to collect USD, that train has long gone.
Well I agree, ico has gone out, will usd follow suit, well there is a big chance that it will happen, improvements in terms of prosperity must be made by the government if they want to prosper their people.

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BlackBoss_
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Activity: 1120
Merit: 589


Rollbit is for you. Take $RLB token!


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September 15, 2024, 02:23:46 AM
Merited by pooya87 (5)
 #20

USA or US government did NOT create these shitcoins you named here. They are created by individuals that some of them aren't even American. For example the Tether guys have their headquarters on an island off the coast of Puerto Rico!

STOP advertising these centralized shitcoins that are extremely risky to hold since their companies can freeze your account or even get shut down themselves by the US government.
PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets. These centralized shitcoins, they are not actually stable, with their amazing smart contracts, can be used by governments and as mentioned, these shitcoins can be seized even in your wallets.

Stable coins and blacklists
Stable coins: a deep dive into valuation and depegging

R


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LLBIT|
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