Post
Topic
Board Speculation
Re: When will bitcoin hit 252,000 USD?
by
Elwar
on 24/08/2014, 20:17:19 UTC
The question is, is is fair to compare USD to Zimbabwe when US still have the strongest military in the world.

It is the strongest military today because it is paid for with higher and higher debt that cannot be maintained.

The dollar is a liability backed solely by the military which exists solely because countries are willing to borrow our dollars.

When that stops it all comes falling down.