As the title says, what would be the effects on bitcoin if the US economy crashed?
Would there be a sharp rise, as lots of people would want to move their money out of the dollar and into something else, or would the price drop, as a large fraction of the bitcoin community is American?
The price of bitcoin would sky rocket as people with USD and other currencies sought to purchase bitcoin and other currencies. Of note, not only the price of bitcoin would increase. Also, gold, litecoin and other cryptocurrencies would see there values rise sharply.