What happens to the value of bitcoin if the dollar goes to 0? Will bitcoin also loose value because the dollar is worthless? yes, there would probably be other things to mind like world war, full panic, no internett and so on. But set these things aside. How much would a sack of potatoes cost, and with what could I buy these potatous witth(gold/bitcoin/chickens/etc.)?
Any ideas? and any ideas on how bitcoin could be independant of the dollar, or other fiat?
Bitcoin is not Dollar and the problem with dollar Lossing value is because it's being excessively printed, where are Bitcoin has a limited supply which can never be increased.
Yes, but the printed dollar does not go straight into bitcoin. Which means that the value of bitcoin also decreases as the value of dollar increases.