Bitcoin Forum
August 31, 2026, 04:55:55 PM *
News: Latest Bitcoin Core release: 31.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Curiosity about the Dollar  (Read 33 times)
Sterlino (OP)
Newbie
*
Offline

Activity: 25
Merit: 1


View Profile
Today at 12:36:56 PM
 #1

Dollar is used in trading between two different countries. Billions of dollars are being transacted all over the world. And this transaction is just by sending an amount as a number from one bank to another bank. Where no one actually sees the paper dollar. The transaction is being completed through digital dollar. So my question is, does the amount of digital dollar that is in all the banks in the world or the amount of digital dollar that is being transacted actually have paper dollar? Has the Central Bank of the United States printed that amount of paper dollar? Or have they also made it valuable to the world by just sending the number with out printing ?
Accardo
Hero Member
*****
Offline

Activity: 1918
Merit: 608


Leading Crypto Sports Betting & Casino Platform


View Profile
Today at 12:56:57 PM
 #2

Printed money can't be close to the number of electronic dollar in circulation, digital transactions are mathematically debit and credit, if I buy a Candie for $5, bank takes out $5 from my balance and credits the seller. No fiat was needed for the transaction, and so is millions of other transactions that went through without needing fiat, so, it's of no use to print more money just to reach a 1:1 ratio of fiat to digital dollars, when they is a lack of demand in fiat.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
philipma1957
Legendary
*
Offline

Activity: 4956
Merit: 12440


'The right to privacy matters'


View Profile WWW
Today at 01:01:57 PM
 #3

10 to 15%.

Bank in the day a run on a bank would wipe out the physical money.

Google " run on the banks during great depression"

▄▄████████████████████▄▄
▄███████▀▀██████▀▀███████▄
████████████████████████
████████▄▄██████▄▄██████

████████████████████████
██▄▄█████████████▄▄██████
██▀▀██████████████████▄▄██
██████▀▀██████████████▀▀██
██████████████████████████
██████▀▀██████▀▀████████
████████████████████████
▀███████▄▄██████▄▄███████▀
▀▀████████████████████▀▀
 
 DΞX.fo 
▄▄██████
█████████
██████████
█████████
██████████
█████████
▀▀██████

▄███████
▄██████████
████████████
█████████████
█████████████
|
▄▄█
▄████▀
▄███▀
▄██▀▄██
█████▀▀
███████
████████
▀██▄████
▄████▄▄
▄█████▀███
▄█████▀████
█████▀███████
▀██▀█████████
|..BTC......XMR...
..USDT.....LTC...
....Fees  0.8%.....
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!