 There are so many ways the dollar could collapse tomorrow. It is a house of cards, that has had all its supports whittled away. It was designed to collapse. It was built to collapse. The only thing different right now is that we were supposed to be in WW3 so that the banksters could swap out the new "dollar" for the old dollar without anyone paying much attention. WW3 is not going to happen, and the banksters are finding so many eyes on them, everyone is shooting down all the trial balloons the Fed has floated. Many have their heckles up whenever they hear CBDCs. So, the dollar is going to collapse, at any moment, to any given shock… Let us say that the dollar collapses tomorrow. Can bitcoin take over and keep international business running? (assuming they all jumped on lightning, because main-net couldn't handle that many transactions) <center><img alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center> ## Let us assume… We have to assume one really **BIG** thing. That all the people handling import/export of goods trust bitcoin. Each one can be taught how to send and receive bitcoin quite easily. It is far easier than setting up a bank account (from an actual doing it point of view. If you have no idea how to use a computer, or how important a seed phrase is, well then…) All that said, if people do not trust in bitcoin, many people will not get on board with using bitcoin. So, let us assume that they all trusted bitcoin. And they all had at least one nerd/geek to teach them how to use it. OK, so they are all ready to go… <center><img alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center> ## How much is bitcoin worth? As soon as people start using bitcoin, bitcoin will no longer be worth anywhere close to $100k. $1m or $10m would easily be the exchange rate… if only the dollar hadn't died. So, we really do not know how much a bitcoin is worth. Fortunately, people work out the exchange rate for all kinds of things, in many situations. Trade happens, and then levels of values get worked out. But, will that work out fast enough to keep the global goods flowing? This is a really hard one to work out. If it was a bunch of people all working on separate sales and stuff, then it would seemingly work out. However, much of the trade is with places like Wallymart. Who are the only buyers of stuff (for many classifications of stuff) and they are quite under the thumb of the banksters, so will they help, or will they drag their feet? If they help, Wallymart accounting could set the price of bitcoin, that will ripple through the entire system. (they really are that big, big enough to live off the difference in inflation from buying the stuff to selling the stuff.) If Wallymart chooses to stand in the way, then it will only be the few industries that isn't really tied to the bigs. And so, we will see trickles of trade getting through. And, of course, this will keep going until everyone has some means of trade. <center><img alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center> ## The prognosis If bitcoin is accepted, and greenlit for trade by Wallymart, Targett, Sysco and Tesco CEOs, then bitcoin could save the global economy. However, i expect these groups to block the use of bitcoin. And so, the global system falls apart, food stops being delivered, people starve, starving people riot… However, something that is set up right now for global monetary exchange, through a great deal of the central banks is XRP. With the amount of banks who are openly signed up with XRP, it is ridiculous that XRP isn't $10 or $100 per. XRP is already being tested as a SWIFT replacement. And the SEC has dropped its lawsuit (just in time. Weird that) XRP is trying to set up stable coins in many currencies, or at least the dollar, so it can be swapped for other currencies. XRP looks like one avenue of the banksters change of money. <center><img alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center> If the dollar collapsed tomorrow, i do not think that many of the bigs would switch to bitcoin. However, i do see lots of little people making all kinds of deals. Bitcoin is already being used for cross border payments, by enterprising business people. I really hope that more and more of this happens, because each time we use bitcoin, we are less reliant on the banksters. I believe that when the dollar collapses, the banksters will jump on the crisis and try to force their new currency into effect. But, will that work? If Trump thinks its good then America will be on board, but if Trump baulks, then things will be delayed for a while. (and i hope that Trump has an alternative all ready to go.) (I believe that there are enough Trumpites that will go along with what he says, that whichever currency Trump says, will be carried through) I still feel that there will be a gold-backed Dollar. And that it will be issued by the Treasury (not the Fed). However, i expect much shenanigans. And i expect the old dollar to still exist, and tied to the Fed, and it will just be forgotten over time. ### All in all, i do not feel that we have enough adoption to immediately jump to bitcoin if the dollar collapses tomorrow. <center><img alt="- - - - - - - " src="https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"></center> <center><em>All images in this post are my own original creations.</em></center>
author | builderofcastles |
---|---|
permlink | if-the-dollar-collapsed-tomorrow-could-bitcoin-save-us |
category | hive-167922 |
json_metadata | "{"tags":["dollarcollapse","dollar","bitcoin","collapse","leofinance"],"image":["https://images.hive.blog/DQmcrV1wjqEdRqcwKag23K3YLrns8T3CsTZc8EZHroWrpj6/BitcoinIsMoney.png","https://images.hive.blog/DQmXew34of9kAYtbc4N3afKqGa9a2aNZZEurE9uKgYLgisP/HorizontalRule2.png"],"app":"hiveblog/0.1","format":"markdown","description":"Global trade could continue on like nothing happened, if everyone just switched to bitcoin. But, could they? Would they?"}" |
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tftproject | 0 | 1,783,962,756 | 10% | ||
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The problem is that you're speculating on the crash of the dollar but still using it as the unit of account. If the dollar crashes quickly within a short period of time, no currency or asset would be safe, which is the more reason why we need to build solutions the aids crypto detach from traditional markets, but developments these days looks to be going in the opposite direction.
author | badbitch |
---|---|
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>Wow, love this post It’s been handpicked and curated by the awesome Bilpcoin team—we’re so happy to support amazing content like this! If you’d like to join us in spreading the positivity, feel free to delegate some Hive Power to this account. Every bit helps us curate and uplift even more creators in the community By adding #bilpcoin or #bpc to original posts, you can earn BPC tokens https://hive.blog/hive-167922/@bpcvoter2/calling-all-music-artists-on-hive-elevate-your-sound-with-ai-infused-beats By adding #bilpcoin or #bpc to original posts, you can earn BPC tokens <a href="https://imgflip.com/i/9m7cuw"><img src="https://i.imgflip.com/9m7cuw.jpg" title="made at imgflip.com"/></a><div><a href="https://imgflip.com/memegenerator">from Imgflip Meme Generator</a></div> https://peakd.com/hive-140084/@bpcvoter1/my-way-keni-bpc-ai-music https://peakd.com/hive-126152/@bpcvoter2/dear-themarkymark-buildawhale-gogreenbuddy-usainvote-ipromote-and-whoever-else-is-involved-in-this-scheme-you-call-us-nutty-as https://peakd.com/hive-167922/@bilpcoinbpc/exploring-the-possibilities-of-ai-art-with-bilpcoin-nfts-episode-102-buildawhale-scam-farm-on-hive-and-dear-steevc https://peakd.com/hive-133987/@bilpcoinbpc/comprehensive-analysis-of-punkteam-s-wallet-transactions https://hive.blog/hive-163521/@bpcvoter1/deep-dive-into-meritocracy-s-activity-history-and-blockchain-audit https://www.publish0x.com/the-dark-side-of-hive/to-downvoters-scammers-and-farmers-on-hive-the-time-to-chang-xmjzrmp https://peakd.com/hive-163521/@bpcvoter3/themarkymark-we-ve-exposed-your-actions-repeatedly-how-you-and-your-army-of-bots-manipulate-rewards-to-benefit-yourselves-it-s https://peakd.com/hive-168088/@bpcvoter3/the-shadow-matrix-a-tale-of-deceit-and-reckoning https://youtu.be/5wEl6BaB2RM >**Our move?** 🔹 **Unite voices**: Use #bilpcoin or #bpc to highlight censorship & demand accountability. 🔹 **Document abuse**: Share evidence of unfair downvotes, self-voting scams, and double standards. 🔹 **Push for reform**: Advocate for transparent governance, vote caps, and community-driven rules. Decentralization isn’t just a feature—it’s a fight. Let’s model fairness, rally allies, and pressure Hive to live up to its ideals. **#StandForDecentralization #HiveTransparency**
author | bpcvoter3 |
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permlink | stzf0k |
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Congratulations @builderofcastles! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s) <table><tr><td><img src="https://images.hive.blog/60x60/https://hivebuzz.me/badges/postallmonth.png"></td><td>You have been a buzzy bee and published a post every day of the month.</td></tr> </table> <sub>_You can view your badges on [your board](https://hivebuzz.me/@builderofcastles) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> **Check out our last posts:** <table><tr><td><a href="/hive-122221/@hivebuzz/pum-202503-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202503-result">Hive Power Up Month Challenge - March 2025 Winners List</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202504"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202504">Be ready for the April edition of the Hive Power Up Month!</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pud-202504"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202504">Hive Power Up Day - April 1st 2025</a></td></tr></table>
author | hivebuzz |
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permlink | notify-1743481172 |
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If Bitcoin adoption ramped up overnight, the real bottleneck wouldn’t just be trust, it’d be speed. Lightning helps, but scaling to global trade instantly, is a logistical nightmare lol
author | thehivetuber |
---|---|
permlink | re-builderofcastles-2025331t12590106z |
category | hive-167922 |
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Don't i know it. And HOW! Fortunately, it does work out, in the future. Probably we will have a lot of local money networks, and so that funnels only the inter-city transactions onto a bigger net. And only BIG transactions inbetween countries will use bitcoin. But, this is just speculation. We will have to watch the coming future pull a rabbit out of its hat.
author | builderofcastles |
---|---|
permlink | su058v |
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yes that's True it could take a magic trick like that to get this working
author | thehivetuber |
---|---|
permlink | re-builderofcastles-2f979xqv1 |
category | hive-167922 |
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