Quote from: CurbsideProphet on March 27, 2014, 03:24:14 AM

Quote from: Don007 on March 26, 2014, 11:41:03 PM

Quote from: gollum on March 26, 2014, 03:11:03 AM

In a scenario where dollar collapses to zero you would benefit more from owning a gun, ammo & food than bitcoins.

That's for sure. Are you a prepper? ^^

I think that's true if all fiat crashes. If it's 'just' the USD, then the people might use other fiat. If all fiat crashes, we're doomed. Move to the nearest farm and be sure you've got enough guns & ammo. And some protecting gear. Maybe landmines will be usefull then.

I hope we won't experience such situation ever.

There is no scenario where only the USD collapses. I don't understand why people (not you) think the dollar can collapse and everything will go on in an orderly fashion. A collapse of the dollar would have systemic impacts that would damage the entire global economy.

Exactly, It's a bigger issue if USD collapses than other currencies, that's because most of the worlds international trades are settled in USD.

USD could collapse in one of these scenarios:
-Oil producing countries refuses to sell oil in USD
-Political instability, civil war or revolution in USA
-World war where USA is affected
-Black swan events that are impossible to predict or speculate about