Post
Topic
Board Economics
Re: The United States is in Worse Shape Financially Than Russia
by
Xester
on 09/12/2016, 12:40:29 UTC

And nobody has seen USA's gold for over half-century. Is it still there?


Gold? What gold? I never saw any Wink. Hehehe.

The whole power of the U.S. relies on the status of the USD as a world trade currency. That status is about to collapse. It's possible that the USD will be the last national currency that will have the status of a trade currency. The age of cryptocurrencies is looming...

It wouldn't surprise me if / when usd has a huge crash or is hyperinflated that we'll comparing everything to a bitcoin (or another cryptocurrency).
It is possible that bitcoin will add to US currency financial crisis when people are leaving the banks and replace fiat currency with bitcoins. Soon more Americans, Russians, Chinese will leave the banks to rot and will shift to cryptocurrency.

China will be the top of society since they have major holdings on bitcoin.