Post
Topic
Board Economics
Re: If USD falls
by
karnwillbit
on 05/01/2018, 13:25:00 UTC
Like many powerful currencies in the past, USD may fall to ground too, my question is will that effect BTC value? Or is it independent of all other real world or non digital currencies of the world?
That is bad for bitcoin and for america if DOLLOR value will go down. Its have big effect in a country, but for my country if dollor's go down its value, our money will go high, but i think it is better if the value of dollor will go high.
I don’t really think there is any kind of thing which can go against bitcoin in case the market value of dollar falls down. Dollar and bitcoin has nothing to do directly as dollar is only used as a conversion unit and nothing more than that. The decrease in the value of dollar will work out in favor of bitcoin as the market value of dollar will then increase more in that case. This will help bitcoin in gaining more repute.