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?
If the dollar goes to 0 then Bitcoin will still be 1B = 1B. Bitcoin valuation in terms of fiat currency will be interpreted in another currency if the valuation of Bitcoin in dollar is somehow impossible (dollar getting 0 valuation). Bitcoin fiat valuation or equivalent can be presented in pounds, yuan, euro or any other fiat currency. After all dollar is just another currency of thousand that is existing in the global market.
I agree.
Not only dollar currency is the one we can use globally, there's a lot of currencies out there but those people who are using dollar mainly on their county will gonna have a big problem, unless every store and services on their place will accept Bitcoin as a payment or any cryptocurrency. Dollar having 0 value however is somehow not possible as of now since it is in the hot trend since 2022 because of FED raising interest rate from 4.5% to 4.75% according to forbes.