Dollar coming to an end

[Pruden]

Before the USD, it was the GBP and prior to that it was the Spanish Pesetta.

The peseta was created in 1869. You probably mean the Spanish dollar.

http://en.wikipedia.org/wiki/World_currency

[centauribit]

Bitcoin is probably the single biggest threat to the USD and therefore a threat to China.

[M28MmickT]

Bitcoin is probably the single biggest threat to the USD and therefore a threat to China.

Lol the only threat to the dollar is the dollar and the fed, btc plays no part in a threat to it unfortunately it dwarfs it into un imaginable figures. The dollar will still be here long after we are all gone. If it comes to an end then that is the apocalypse imo and the end of life as we know it.

[D4C]

There's no reason for the dollar to collapse in the foreseeable future and even if it did there's no reason to expect bitcoins to replace it.

[leex1528]

Okay lets just stop this thread.  BTC currently is absolutely 0 threat to the dollar.  The dollar will not be going away in our lifetime, and probably your kids lifetime as well. 

[Possum577]

To the OP, so what's your point of view based on the article? What do you want us to comment on?

It's been nearly a year and the Dollar is still strong.

[thejaytiesto]

Bitcoin is probably the single biggest threat to the USD and therefore a threat to China.

How can it be a threat to china if it makes USD weaker? Anything that makes USD weaker is good news for china.

[polynesia]

Bitcoin is probably the single biggest threat to the USD and therefore a threat to China.

How can it be a threat to china if it makes USD weaker? Anything that makes USD weaker is good news for china.

Not really. China is an export-oriented economy. Their exports become less competitive is the USD weakens (or conversely if CNY strengthens)

[Silly Money]

Bitcoin is probably the single biggest threat to the USD and therefore a threat to China.

Lol the only threat to the dollar is the dollar and the fed, btc plays no part in a threat to it unfortunately it dwarfs it into un imaginable figures. The dollar will still be here long after we are all gone. If it comes to an end then that is the apocalypse imo and the end of life as we know it.

Exactly what I was going to say. The dollar as well as any other currencies will probably consume themselves eventually. You can't just keep printing money to try get your self out of economic troubles or financial collapse is inevitable. I certainly think bitcoin could grow in use if a big currency did collapse but it wont be the cause of it.

[DLCseller]

I'm waiting for the world to start using bitcoins.
that would be easier
1 world 1 currency 

[polynesia]

I'm waiting for the world to start using bitcoins.
that would be easier
1 world 1 currency 

It would be easier, but try getting the governments to accept that.
Have you heard of Bancor?
http://en.wikipedia.org/wiki/Bancor

[picolo]

Seems Euro is falling to the dollar value as well. If dollar overtakes Euro, I don't see dollar going down after that.,

The strong Dollar is helping the Dollar stay high but it will surely fall sharply at some point, in 6 months ? In a year ? It could start Today !

[GreenStox]

I'm waiting for the world to start using bitcoins.
that would be easier
1 world 1 currency 

It would be easier, but try getting the governments to accept that.
Have you heard of Bancor?
http://en.wikipedia.org/wiki/Bancor

Oh please no, I vomit from the face of that con artist Keynes. His theory has and will cause all financial problems, and the overdebting of the globe, and you want his currency to prevail, I dont think so.

His keynesian pyramid scheme has done already enough harm, plus we already got bitcoin, so let's just use Bitcoin. We don't need another fractional ponzi currency.

[polynesia]

I'm waiting for the world to start using bitcoins.
that would be easier
1 world 1 currency 

It would be easier, but try getting the governments to accept that.
Have you heard of Bancor?
http://en.wikipedia.org/wiki/Bancor

Oh please no, I vomit from the face of that con artist Keynes. His theory has and will cause all financial problems, and the overdebting of the globe, and you want his currency to prevail, I dont think so.

His keynesian pyramid scheme has done already enough harm, plus we already got bitcoin, so let's just use Bitcoin. We don't need another fractional ponzi currency.

I am all for using Bitcoin.
Any currency which is globally accepted is good.
And with Bitcoin's features, why shouldn't it be the global currency?

[leex1528]

I'm waiting for the world to start using bitcoins.
that would be easier
1 world 1 currency 

It would be easier, but try getting the governments to accept that.
Have you heard of Bancor?
http://en.wikipedia.org/wiki/Bancor

Oh please no, I vomit from the face of that con artist Keynes. His theory has and will cause all financial problems, and the overdebting of the globe, and you want his currency to prevail, I dont think so.

His keynesian pyramid scheme has done already enough harm, plus we already got bitcoin, so let's just use Bitcoin. We don't need another fractional ponzi currency.

I am all for using Bitcoin.
Any currency which is globally accepted is good.
And with Bitcoin's features, why shouldn't it be the global currency?

Because there is a limited amount of coins.  If it was a world currency it wouldn't work because essentially that means like 3 billion of the people on earth would not have any coins, and have no way of earning them essentially.  Its a great thing I just don't see Bitcoins ever overtaking the dollar.

[AtheistAKASaneBrain]

Seems Euro is falling to the dollar value as well. If dollar overtakes Euro, I don't see dollar going down after that.,

The strong Dollar is helping the Dollar stay high but it will surely fall sharply at some point, in 6 months ? In a year ? It could start Today !

Not today, next month or in a year. But during the next decade. Luckily Bitcoin will keep growing as USD fails.

[picolo]

Seems Euro is falling to the dollar value as well. If dollar overtakes Euro, I don't see dollar going down after that.,

The strong Dollar is helping the Dollar stay high but it will surely fall sharply at some point, in 6 months ? In a year ? It could start Today !

Not today, next month or in a year. But during the next decade. Luckily Bitcoin will keep growing as USD fails.

Bitcoin will grow as the US financial sector shows its weakness and the Dollar loses most its value in a decade or two.

[molecular]

And with Bitcoin's features, why shouldn't it be the global currency?

Because there is a limited amount of coins.  If it was a world currency it wouldn't work because essentially that means like 3 billion of the people on earth would not have any coins, and have no way of earning them essentially.

Why would they have no way of earning coins?

[picolo]

And with Bitcoin's features, why shouldn't it be the global currency?

Because there is a limited amount of coins.  If it was a world currency it wouldn't work because essentially that means like 3 billion of the people on earth would not have any coins, and have no way of earning them essentially.

Why would they have no way of earning coins?

They could earn it working for companies own by people who already have clam or selling their assets for clam.

[tyrexs]

i think is not, dollar now strong fiat not like other fiat. dollar good for investment