Re: What if US Dollar Crashes?

I was thinking about this, what if the US Dollar crashes like speculated by many renowned economists around the world?
What will be it's affects on the beloved currency, BTC?

For sure all altcoin's owner and altcoin holder's will rejoice because most of their price value will increase going to the moon Grin

And Bitcoin will also be like skyrocket the price value too. But its not gonna happen for now due to we know many country in the whole world dollars is very useful to their economy in terms of business aspects.

Yes, the Probality is big. but Bitcoin still have a competitor, gold was being currency since long time ago. bitcoin and gold, one will be a replacement for the dollar if its crashes. so the price will go up like a rocket. the dollar is very strong and not easily crashes, maybe if the world war came again, the dollar is likely crashes. anything can be happen in the war.
Although USA is strong country but if God have another plan, no one can prevent God will. Also bitcoin still have chance to replace dollar

Personally, I don't doubt that gold (as a means of settling international accounts) will take the place of the US dollar

But it still doesn't mean that gold will be directly competing with Bitcoin. In fact, both of these assets will profit tremendously from the dollar demise, should it occur for real. It is unlikely that Bitcoin will be used as payment in international trade (though I've read here about guys from the US using bitcoins in their trade with Chinese folks), but there is no doubt that many people will run from the dollar into Bitcoin as well if things start turning grim for the former

The dollar will demise slowly. but in the short term, it is the major currency.

"The reports of my demise have been greatly exaggerated"

Really, the strength of a currency is in direct correlation (and likely this is a causal relationship) with the strength of an economy. So while the US economy remains strong I don't think the dollar is going to die any time soon, slowly or quickly. It may continue to devalue as it has been, but let's not forget that in the late 1970s the dollar inflation was in two digits. Right now, we see competitive devaluations across countries and the dollar is underperfoming in this respect (i.e. it devalues slower than other major currencies such as euro or British pound)