Post
Topic
Board Economics
Re: If the dollar/fiat was worthless!
by
andriarto
on 09/04/2023, 04:27:55 UTC
What happens to the value of bitcoin if the dollar goes to 0? Will bitcoin also loose value because the dollar is worthless?
If the dollar is worthless, we can compare Bitcoin with gold, oil, gas, rice, burger, cigarette, sake, iPhones, Netflix, and other goods. So, I don't worry about it.

I don't know why people out there always compare Bitcoin with the dollar?, I don't know why it's necessary because our local exchange didn't use dollars but Rupiah. So if the dollar is worthless, I will compare it rupiah to buy goods, or if all fiat is useless, I will go to Elsavador to buy a burger. Simple.

don't worry, we wouldn't die without dollars.

the dollar is only a unit for comparison in the world so that it is easier to benchmark as if it were chosen as a universal currency throughout the world, but indeed the dollar is not doing well, but isn't there still a lot of currency in the world that might be more appropriate as a comparison which is already worldwide, and of course why worry about all this, because there are many ways as an exchange rate