Quote from: usekevin on December 04, 2020, 11:10:54 PM

Quote from: Joel_Jantsen on December 03, 2020, 11:47:05 PM

Sorry if the topic sounds logically flawed I didn't dig much deeper into the financial fantasies of such.

I'm wondering what if one day Bitcoin goes so high up in value that it causes somewhat a fiat crisis? I mean imagine, you've Bitcoins but there isn't much cash available in the market to buy your BTC, or simply put people can't afford it? Will bitcoin be of any value then?

Actually the thought is very closer to the usd and other fiat. The US dollars always submerge the price of fiat many country. Mostly it affected the price of Asian countries fiat.So it was more crisis to the economy of Asian people and dominated the Asian by the mean of currency. All this was planned up to make sure of developed country on top.

yes I agree with you, if the dollar drowns other countries' Fiat then Bitcoin will drown all countries using Fiat money, and if this really happens and without proper control there will be an economic crisis in all countries