Post
Topic
Board Speculation
Re: what will happen with the BTC, if the dollar falls
by
slyfox
on 06/02/2018, 03:33:14 UTC
There are specialists who say that the YUAN is going to replace the dollar, what would happen with the cryptography if that happens?

I don't think YUAN will going to replace the dollar, dollar is still superious on some country though. If something bad happened to dollar, i think it will affect the bitcoin too, especially the price but it's not that big. Maybe a medium move on the bitcoin price.
Or if the economy of America will fall down and make them 3rd world country which is very impossible as of now because their government of course will do everything no matter what to make them stay in power.
you are very right, the state with a very strong superpower today is certainly not willing to release its power to other parties especially in the field of currency. but I think YUAN has its own power that can replace the dollar at a time.
I hope the dollar will be ruined.
because I do not want to continue to be led by the dollar.
it would be better if the yuan would advance and destroy the dollar price.
and this will have no effect on the crypto currency even if the dollar is destroyed
The yuan is no better than the dollar the Chinese manipulate their currency even more than the Americans, they do so in order to boost their exports around the world so they are engaging in unfair tactics for the rest of the world so the next time you wonder why it is so difficult to get a job in your county part of the reason is the manipulation the Chinese government does to their currency.