Post
Topic
Board Bitcoin Discussion
Re: If Bitcoin been backed by Dollar then what will happen if the Dollar collapsed?
by
Mate2237
on 01/06/2024, 20:08:30 UTC
I genuinely  think about this question twice a week.

Satoshi Nakamoto (Who ever he really is) simply made Bitcoin to give a chance to geniuses like him to be rich
remember that Satoshi was a math genius, he solved equations thought  to be impossible it the time being.

he made it so only smart people who live in the west can be millionaires in the future and he did it I mean look at the richest people who made there fortune form Bitcoin and other Crypto currencies, all of them have 130 IQ at the least and all of them sold most of it.
Bitcoin isn't real, the money that those people got is.
change my mind!
Op what you discuss in the body of the thread is entirely different from the topic so we that would make the comments would do in two perspective. One for the topic and the other for the body. Okay dollar collapsed it will affect the price of bitcoin because bitcoin is calculated with dollar then from dollar other currencies calculate how much they get from bitcoin. Bitcoin has been calculated directly to my fiat currency. Like example. If I want to sell 0.0057 I will first write the bitcoin rate in dollar in the current price. $67,740 then times the amount I want to sell  0.0057 then times the amount of your country currency in dollar exchange rate at the moment. Example 2: $67,740 X 0.0057 = $386.118 X NGN 1,450 = NGN 559, 871.1.

Yes bitcoin has made many to become millionaires.