Quote from: Betwrong on October 27, 2016, 02:44:29 PM

Quote from: NyeFe on March 30, 2015, 08:17:08 AM

The world would be better, if the US dollar (dropped in value?)

I'm not sure about this. Theoretically, like many people are saying in this thread, it would be possible to get more USD for a ton of rice or whatever. But on the other hand you would be able to buy less goods for the dollars you obtained.

And there is one more thing, which is significant IMO. In poor countries with unstable economy many people keep their savings in USD. What would happen to them then?

Such situation of Dollar going down won't happen anymore, because USD is very strong with increased usage as well value. In my view if price falls, we the bitcoin users too will suffer a lot, because bitcoin value right now is calculated in terms of USD as direct acceptance of bitcoin is not found much worldwide.