Imagine dollar value If eu will be in war

[Reatim]

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.

First of all it is not the US government that created USDT and USDC. USDT was launched by Tether and USDC by Circle. Both Tether and Circle are private entities who have pegged these stablecoins to the dollar but these are not issued by the government itself.

Maybe you think US is moving towards crypto due to the ETFs recently but the SEC is still out there filing lawsuits against different crypto platforms so I wouldn’t say that the country is all in support of crypto just yet.

[pooya87]

That's true but to my mind, that doesn't apply to every country. For example, in my country, people convert local currency into USD because our society trusts the United States for some reason. People see the USA as ally and USD as the best currency to hold. Many people think that the US is a global superpower that never makes mistakes and that manages everything in the world. I don't know where these conspiracy theories come from but people are willingly holding USD here instead of stocks and crypto. The majority of our population has no idea what stock or crypto is.

This happens in a lot of countries but in those cases it is because of the inflation. People don't like investigating how the stock market works and it is hard to enter it as well. Crypto market is also too volatile to enter too. So they just buy USD or gold instead. Like Argentina where 1 dollar went from 100 peso to 1000 pesos in past 5 years.

In your case, I have to say it is strange because AFAIK your country has a very low inflation rate (less than 1%) and your currency has been stable against the dollar which means there is no incentive for people to bag hold dollar. In fact dollar got dumped against your local fiat over the past 5 years, from 3.27 to 2.7 Lari so those who bag held dollar have actually lost money.

[shield132]

People don't like investigating how the stock market works and it is hard to enter it as well. Crypto market is also too volatile to enter too. So they just buy USD or gold instead. Like Argentina where 1 dollar went from 100 peso to 1000 pesos in past 5 years.

1 dollar went from 100 pesos to 1000 pesos, this is the inflation of local currency but at the same time, USD experiences inflation too but the problem is that people don't know what inflation ის and they think that USD doesn't lose purchasing power.

In your case, I have to say it is strange because AFAIK your country has a very low inflation rate (less than 1%) and your currency has been stable against the dollar which means there is no incentive for people to bag hold dollar. In fact dollar got dumped against your local fiat over the past 5 years, from 3.27 to 2.7 Lari so those who bag held dollar have actually lost money.

Let me explain what's happening. Yeah, our currency has been stable and the dollar got significantly against our local currency but that means absolutely nothing because absolutely everything became expensive. Did your government ever mention 1% inflation? That is a total joke. Rent became two and three times more expensive than it was before the Russia-Ukraine war. So, in recent two years, rent has become 2-3x more expensive. Water and beverages became 30% more expensive, and food became 20-50% more expensive. Public transport has become 100% more expensive.
I was in Italy this summer and I swear absolutely everything was cheaper in Italy compared to my country but the average salary in my country is 600$. I'm earning way more than I was earning ever but I live worse than before because absolutely everything is very expensive and life is unbearable if you don't own a house. Gladly, the majority of the population owns a house and almost no one has a housing problem but because of my profession I have to work in our capital and I am forced to rent an apartment.

[yudi09]

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.

What makes it more powerful than other Fiat currencies, for me not even though the dollar known as the world currency in its time will experience a decline in value and this allows the dollar to be the same as other Fiat currencies.
USDC, which I know was launched in September 2018 thanks to cooperation between two parties. But the USDC is guaranteed by the US dollar in each USDC in circulation.

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

No. I prefer gold as a backup and value of values ​​apart from Bitcoin.

[EarnOnVictor]

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 are mixing too many things up here, what's the business of GBP with the USD if it goes extinct (which will not happen)? What if they align with another currency like EUR? The dollar value will of course remain as it is. However, so long as there is the UK, there must be a currency linked to it and that can never be the USD, so what's the correlation?

As for the allegation that the USA is moving towards the digital version because of the stability of the USD, you are very wrong, if such a thing is the reason, they would have achieved it years back. Is it not the negative impact on the prevailing digital businesses they are worried about which delays its implementation? Read your news.

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

I disagree with you, the condition of the USD can't be outrightly predicted, except for a bad economy like that of my country, the USD always wins...lol. Generally, the USD is a good currency but one should learn how to speculate for the risk appetite time (when you dispose your USD for the risk-on assets) and the risk aversion time (when you need the USD for safe haven purpose).

[Fortify]

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 dollar is now like ico you get in early

What is your angle here, because you jump from the EU being at war to the US dollar going higher? You do know that if Europe gets into any war, the USA will be with them and vice versa. However if we ever reach that point, the whole world will be in an unrecognizable state compared to the peace we have now. It's amazing how many warmongers seem to exist in this economic section, but then I get the feeling that a lot of them are Russian propagandists who are embarrassed at how badly their country is failing in a war with their direct neighbor. This is what happens when you continue supporting a crazy dictator and your comrades are too weak to rise up and overthrow the evil that is suppressing you.

[beerlover]

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 are mixing too many things up here, what's the business of GBP with the USD if it goes extinct (which will not happen)? What if they align with another currency like EUR? The dollar value will of course remain as it is. However, so long as there is the UK, there must be a currency linked to it and that can never be the USD, so what's the correlation?

As for the allegation that the USA is moving towards the digital version because of the stability of the USD, you are very wrong, if such a thing is the reason, they would have achieved it years back. Is it not the negative impact on the prevailing digital businesses they are worried about which delays its implementation? Read your news.

I do agree that USD is definitely getting bigger deal and we should be considering this as getting even bigger deal with time as well. This isn't easy and that is why I think we should be considering this as something that big and because of that USD will lose value at big time and that should be a big deal. So we should consider getting bigger results and that would be the most important part of the deal.

This should be important to keep in mind and that is why I think it is going to get a greater results and that could be good eventually so that could be awesome for us when USD loses value and that would not be all that easy. So that should be something that will all that matters, because when USD gets lower in value then bitcoin will go up in value and we would profit. That is why I love bitcoin, because while all the fiat in the world goes down, bitcoin goes up and that's the most important part and we are making profit that way without trouble.

[icalical]

Truth is that you forgot about 40 years in your narrating the bad effects of inflation.
Truth is that the dollar is the currency most sought after nowadays between hundreds of minor currencies.
No BRICS has stopped the popularity.  

The left hopes that BRICS gives them independence from the dollar.
Far from it BRICS is made for just inter government exchanges, just look at the countries involved.
None is strong in empowering their people.

In a war strong currencies as the dollar and even the Euro thrive.

While that may be true, the USD is still the most dominant currency in the world, especially during turmoil times like war-the BRICS countries are trying to move away from. This also includes the long-discussed concept of a BRICS currency or digital payment system which, over time, could rival the dollar's preeminence. Going into 2024, the BRICS countries remain concerned about just how to improve cross-border payment systems and independence in trade, not at all limited to governmental exchanges.

While the USD is still the prevalent currency, primarily in international trade and central bank reserves, the fact that countries like China and Russia have traded in their own currencies exemplifies a beginning of evading dependence on the dollar. That does not spell collapse for the dollar, but a real test of its grip is on. BRICS will not very soon supplant the dollar, but one should watch what their innovations in digital currencies and growing alliances might spell for the world economy down the line.

[BlackHatCoiner]

Otherwise other fiat currencies are backed by actual economy of the countries.

There's absolutely an actual economy backing a fiat currency, and it is essential, otherwise the military cannot be funded effectively, but you can't force the use of a fiat currency without a military. It's not possible, in my mind. You either belong in a union of countries that share the same currency (e.g., Euro), each of which relies more or less in the military of the other, or you issue your own fiat currency, which will be inevitably used to fund the military, and then the military, when needed to defend the nation or attack other nations, will defend the fiat currency.

[ChiBitCTy]

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 dollar is now like ico you get in early

I don't see things being a whole lot different really.  The dollar is the world reserve currency but there is also a shitload of national debt building up behind it.  The money printers continue to go brrrr.  That being said, I find it funny when people say it's on the verge of being replaced lol, with what, the Yuan? The Ruble?  Euro? please..not even remotely close to there being a change. 

With that said, I still could give a shit about the dollar, just the same.  It once represented something special.  Today, it represents less and less with how corrupt the government is and how much of it keeps being printed.  #buybitcoin

[Argoo]

What is your angle here, because you jump from the EU being at war to the US dollar going higher? You do know that if Europe gets into any war, the USA will be with them and vice versa. However if we ever reach that point, the whole world will be in an unrecognizable state compared to the peace we have now. It's amazing how many warmongers seem to exist in this economic section, but then I get the feeling that a lot of them are Russian propagandists who are embarrassed at how badly their country is failing in a war with their direct neighbor. This is what happens when you continue supporting a crazy dictator and your comrades are too weak to rise up and overthrow the evil that is suppressing you.

Whether Europe will enter the war that has been going on between Russia and Ukraine for the third year now depends entirely on Russia's actions. European countries will continue to provide assistance to Ukraine in its defense against Russian military aggression. If Putin and his entourage want to ignite the flames of war, they will in any case come up with a pretext for this.

On the one hand, Russia is slowly running out of steam in its offensive potential, its armored vehicles will last no more than a year of war of the same intensity, its professional army has been virtually destroyed. But it still has enough mobilization human resources and the ability to send untrained soldiers to storm the positions of the Ukrainian Armed Forces.

On the other hand, Russia is uncomfortable with the fact that it is suffering defeat from a relatively small Ukraine, and therefore the Kremlin is constantly inventing fakes that there are no Ukrainians left at the front, that Russia is already fighting with representatives of NATO countries there, and therefore the residents of the Kursk region of Russia, where the Ukrainian Armed Forces entered, were surprised to see Ukrainians in front of them. True, Putin recently stated that if the West gives Ukraine the opportunity to fire its long-range missiles deep into Russian territory, this will be regarded as direct participation in the war. That is, it is thus recognized that there are no soldiers from these countries on the battlefield from the Ukrainian side. In order to justify its military failures to its population, the Kremlin may expand the conflict and provoke another war with Europe, despite the fact that Russia does not have the strength for this.

[bitgolden]

While I do dislike spam topics, I also would like to point out that Europe is "in" war right now. Ukraine is in Europe, while its not in EU or Nato, it is certainly in Europe and that is what matters when we are talking about Europe.

Plus, the whole of Europe put sanctions on Russia, and financially they are in war right now and we could consider that its going to be pretty tough for them to get out of that as well, could go on for a long time, which is why we should not see something changing anytime soon. I think it's clear that we are going to see EU have nothing to worry about in the crypto world and we could probably make some good money from it.

I think its clear that we are going to end up making some good money from this and we do not need to worry about it at all. Just focus on getting good money on bitcoin and in either case whichever nation ends up making a war, bitcoin will be the one that will go further and higher and we can make some money that way.

[Argoo]

While I do dislike spam topics, I also would like to point out that Europe is "in" war right now. Ukraine is in Europe, while its not in EU or Nato, it is certainly in Europe and that is what matters when we are talking about Europe.

Plus, the whole of Europe put sanctions on Russia, and financially they are in war right now and we could consider that its going to be pretty tough for them to get out of that as well, could go on for a long time, which is why we should not see something changing anytime soon. I think it's clear that we are going to see EU have nothing to worry about in the crypto world and we could probably make some good money from it.

Europe is not currently in the war that Russia has unleashed by attacking Ukraine with all its military might. But European countries are actively helping Ukraine defend itself against Russian aggression and, of course, are suffering certain material and financial losses. At the same time, they realize that if Ukraine does not hold out, Europe will be forced to wage a direct war with Russia, because Putin, having absorbed Ukraine, will not stop there. In that case, the costs of waging this war will be disproportionately greater than what they are spending on supporting Ukraine now.

Russia has been continuously attacking Ukraine since October of last year and during this time, on some sections of the front that are more than a thousand kilometers long, it has advanced several dozen kilometers. At the same time, the occupiers are suffering such colossal losses in manpower and equipment that it is hardly worth calling this offensive successful. Another month or two of such an offensive and the Russians will not only have nothing to attack with, it will also be quite problematic to defend themselves. But before the US elections, Putin wants to show what he has achieved in the war and use this in further negotiations to end it.

Russia's war with such active military actions will not last long and should end next year. However, the results at the front in the next few months will show under what conditions it will end.

[Unity for Humanity]

The US dollar is the global currency and every country conducts international business through this global currency. And I never want any country to be at war with any country. Each country is dependent on each other, when a war breaks out between 2 countries, things get very bad for all countries that have diplomatic relations with those two countries. So if everyone goes with compromise instead of war then no country will be in danger.

[Argoo]

The US dollar is the global currency and every country conducts international business through this global currency. And I never want any country to be at war with any country. Each country is dependent on each other, when a war breaks out between 2 countries, things get very bad for all countries that have diplomatic relations with those two countries. So if everyone goes with compromise instead of war then no country will be in danger.

The fact of the matter is that Russia, which attacked Ukraine, does not yet want to go to any compromises. Putin, even in preliminary conditions, in fact, puts forward a plan for the surrender of Ukraine. At the same time, in many ways, Putin blows about the infinity of his material and human resources for this war and agrees to destroy his country, just to avoid the shame of military defeat from relatively small Ukraine. Well, this is their choice and the choice of all Russians who choose such rulers, and also almost meekly go to the "meat assaults" to the positions of the Armed Forces of Ukraine, of which only 10-20 percent return, but they, even the wounded, drive them to such The same assaults. Therefore, those who received injuries, even insignificant ones, often start a bullet or undermine themselves, since the result for them is almost always alone.

Now Putin is throwing even pilots to the assault as an infantry and the irrigating personnel of elite military-space forces, tankers, UAV operators, including even the crew of the only aircraft carrier Admiral Kuznetsov. What this will lead to, if not at the end of this, then at the beginning of next year.

[Oluwa-btc]

Russia is afraid of USA, I don't think that they afford to even try damaging USA.
Unlike (parts of) EU, USA doesn't depend on Russian oil and gas, hence not afraid to give the appropriate answer if hurt. If Putin touches USA, it's game over for him.
His only chance with USA is political. He needs as POTUS somebody willing to close his eyes on the crap he's doing un Ukraine, hence his war on that side is informational.

Russians are not afraid of nobody. They do not want war but peace! ( Read about their history and you'll see how they've defeated countries ) They're not trying to damage USA, maybe the States are just moving carelessly around their boundaries. Ever imagined Russia building a military base or drill around Mexico? Not depending of Russian oil and gas is enough reason why they plant in loyal puppets as president around countries who are rich when it comes to oil and gas. Lies?! Immediately counties with oil and gas cut ties with the states, what else do they have?
As per Ukraine, their president is a Cocksvcker! I don't see him as one who cares about Ukrainian soldiers dying, is he really Ukrainian? If he's, he'll go read about his history with Russia. No! No! I don't think so. It's sad to see that the states fund war so they can sell their guns and ammo's. This is a wrong way to look at things truthfully. The history of United States do not say good about them.

[NeuroticFish]

Russians are not afraid of nobody. They do not want war but peace!

Both sentences are idiotic propaganda (and obviously both false). And I didn't even quote the rest of the post because it goes under my dignity.

After almost 3 years of idiotic war just because one mad man wants to take (at least) other other country's land and its own people is too chicken to oppose it (russians are already overly afraid of one man) I am surprised that some still come to write such crap as you did.

[Argoo]

Russians are not afraid of nobody. They do not want war but peace! ( Read about their history and you'll see how they've defeated countries ) They're not trying to damage USA, maybe the States are just moving carelessly around their boundaries. Ever imagined Russia building a military base or drill around Mexico? Not depending of Russian oil and gas is enough reason why they plant in loyal puppets as president around countries who are rich when it comes to oil and gas. Lies?! Immediately counties with oil and gas cut ties with the states, what else do they have?
As per Ukraine, their president is a Cocksvcker! I don't see him as one who cares about Ukrainian soldiers dying, is he really Ukrainian? If he's, he'll go read about his history with Russia. No! No! I don't think so. It's sad to see that the states fund war so they can sell their guns and ammo's. This is a wrong way to look at things truthfully. The history of United States do not say good about them.

Do Russians want peace? And that's why they invade their neighbors, kill them and seize their territory? Last December, Putin said that there were 617,000 Russian troops in Ukraine. Now this UIF has grown significantly.
https://www.bbc.com/russian/articles/cpw3qq6j0y2o

What are these "peacekeepers" doing in Ukraine? After all, the word "war" is prohibited in Russia in relation to Ukraine. If a Russian resident says that there is a war between Russia and Ukraine now, he will be put in prison for discrediting the Russian army. Therefore, missiles and deadly drones are launched every day across Ukraine for exclusively peaceful purposes, tens of thousands of shells and mines are fired every day.

Are you sorry that Ukrainian soldiers are dying from Russian bombs, mines and shells? Cynicism of the highest degree. Do you accuse Zelensky of organizing the defense of his country from a foreign military invasion? That is his direct responsibility. Don't interfere in Ukraine and Ukrainian soldiers won't die. And Putin and the Russian people in general don't feel sorry for those more than 650 thousand Russian soldiers who have already died or been wounded in Ukraine? Putin is a murderer of millions of Russians and Ukrainians and a war criminal for the war he started.

Are you sad to see that the US is providing military aid to Ukraine and therefore Russia cannot seize Ukrainian territory and is already calmly destroying Ukrainians? Of course, it is. After all, this war has shown the military backwardness of Russia and the incompetence of its leaders and commanders.

And a rhetorical question: should aliens destroy our planet Earth if they think that we have flown too close to them along with the solar system? This is your main argument for the current attack on Ukraine.

[dezoel]

Both sentences are idiotic propaganda (and obviously both false). And I didn't even quote the rest of the post because it goes under my dignity.

After almost 3 years of idiotic war just because one mad man wants to take (at least) other other country's land and its own people is too chicken to oppose it (russians are already overly afraid of one man) I am surprised that some still come to write such crap as you did.

But, I feel like none of the party is going to benefit with it. If there is false on his sentence then I think that is only the second one because the first one that he said is true. Russia is really known for that. The war that I know where Russia is involved is I think not years old yet, so that means they have other war involvement before the one I'm referring to?

Although this is not totally surprising because like we talked about earlier, they are showing a bravery and always have the possibility or liking to tease every country in the world. War is not simple but in fact when we hear the word war, fear is already the first thing that we can think of. I wouldn't wonder anymore on why many people in a country is like you said too chicken to oppose it.

There might still be some who are not totally afraid but they only value their life and some don't only care about their selves alone but also for their own family and to the other people around them which can also root for them.

I am surprised that some still come to write such crap as you did

There are always people like that here in our forum and this is why some OP's will open a thread with an option to moderate the replies and they can choose to delete a topic that they think is not appropriate anymore. You can also ignore those posts though or ignore the user to not see their future write-ups .

[Argoo]

Although this is not totally surprising because like we talked about earlier, they are showing a bravery and always have the possibility or liking to tease every country in the world. War is not simple but in fact when we hear the word war, fear is already the first thing that we can think of. I wouldn't wonder anymore on why many people in a country is like you said too chicken to oppose it.

The bravery of the Russians in the current war against Ukraine has very specific reasons. Their assault groups are sent to attack the Ukrainian Armed Forces positions often without artillery or air cover, and special blocking detachments are stationed behind them, often from Chechnya, whose task is to destroy anyone who retreats or for some reason returns from the line of attack, for example, due to injury. Therefore, the attacking Russians simply have no other choice but to go forward. Often, the wounded are not evacuated from the battlefield and they lie there until they die or until they themselves get out of the front line. In this regard, Ukrainian drones sometimes film how wounded Russians are finished off by their fellow soldiers or they shoot themselves to avoid suffering.

Russian commanders have been given an unofficial order to shoot everyone who refuses to go on the attack, so the soldiers there are a kind of slaves whose lives are worth nothing, because there are still enough mobilization resources in Russia.

Russians go to the front mainly on a contract basis because of the large sums of money that are paid to the recruit. The one-time assistance upon signing a contract reaches 30 thousand dollars. This is a large sum for them, which they do not earn in their entire lives. Therefore, as a rule, residents of national minorities - Buryatia, Dagestan and others - fight on the Ukrainian front, and they suffer the greatest losses. By eliminating the number of national minorities, the Kremlin thus solves the problem of possible riots due to this war and the deterioration of living conditions.

Recently, the Ukrainian Armed Forces were surprised by a senseless attack by Russians without preliminary preparation and support, only with small arms and at full height, who were shot as if in a shooting gallery. According to the collected documents of the killed, it was established that these were those who had recently been exchanged as prisoners for captured Ukrainians. This is how surrender is punished in Russia. From the outside, this can really look like bravery...