Ninjastic
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Board Economics
Re: What if US Dollar Crashes?
by
ObscureBean
on 10/10/2016, 09:59:46 UTC
Quote from: Superzpay on October 09, 2016, 08:06:36 PM
Quote from: vero on October 09, 2016, 07:24:15 PM
Quote from: virusasog on October 08, 2016, 04:38:41 AM
Quote from: kollo99 on October 07, 2016, 08:10:18 PM
If the value of US Dollar crashed the economy of the entire world will also down as most of the countries depend on USD and their economy may also depend on bitcoin therefore if the USD crashed it will effect all most all the economies of the world.


Nope I do think so, because if we see the crises in US dollars it would affect the USA region only. I think other countries would be safe I'm their economic balance. I think USA government may adopt the bitcoin that time make as the national currency.
the impact of the currency fall only slightly to the economy of the country as a example GBP now is currently falling but the British economy is still pretty good and it will be same with usd if usd fall does not mean usa economic will collapse.

I think if the currency of a country crashes then it occurs because of some issue in the economy of that country so first the economy will be crashed and after that USD will crash but it will not do any effect on other countries.

The US dollar is the most recognized/used currency worldwide, if it were to crash the whole world would be negatively impacted, at least in the short to mid term depending on how bad the crash is. It is likely that Bitcoin value would go up as people look for an alternative store for their wealth but all in all this scenario is most definitely not desirable.