Quote from: hugolp on June 29, 2011, 10:50:01 AM

Quote from: d3wo on June 29, 2011, 10:39:34 AM

- What is gonna happen to those country who stored USD as their GDP ?
Is this gonna make BTC value doubled/tripled because of usd value dive ?
What do you guys think ?

I dont think you meant to say that a country stores USD as their GDP. GPD is the measure of economic activity.

I think that all the countries know that the debt ceiling will be lifted and are ready for it or even have arranged some deal with the USA. F.e. at the begginning of the crisis the Federal Reserve bought a lot of the Freddie and Fannie debt from overseas (specially from China), and curiously enough China kept buying USA gov debt.

Is that works somewhat like credit cards ? Like paying interest ?
If it's works like credit cards, then is not good for US citizen.
So US citizen paying more taxes to pay the interest ?