There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?
If the dollar fails BTC and Crypto will be in a good position to take the throne. Yuan will probably be up there but crypto may make a surge.
Does this topic make sense, because I do not see any dependence of the dollar on Bitcoin or vice versa of Bitcoin on the goods. These are two different currencies that float in their waters and practically do not overlap.
Dollar is just like a measuring unit for bitcoin that is only being used to help us know the worth of not only bitcoin but all other crypto currencies too as compared to that of all other regular currencies.
The thing is if dollar falls, this will eventually result in favor of bitcoin and other crypto coins as their market value will increase and will get even higher. This will bring better name to bitcoin and will help the investors in having more money.