Post
Topic
Board Economics
Re: What if US Dollar Crashes?
by
pitham1
on 03/03/2017, 14:09:47 UTC
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?
I think crashing down for the filler or USD is impossible because in the Fiat currency the king is one which is USD .
But if it would be then the people who are non USD user will get profit . Because if USD carsh then the value of Bitcoin in USD will increase and if we sell.our Bitcoin for Fiat then we will get for profit in our own Fiat currency .

You have got the conversion wrong there.
If you have a different currency other than USD, then the USD crashing won't get you much more fiat.
Value of Bitcoin in USD will increase, but those dollars will fetch you less fiat. In the end, the value of BTC in your fiat currency won't change.