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49902231 No.49902231 [Reply] [Original]

Also, how far do you think btc and eth will plummet?

>> No.49902304

>>49902231
HYPERBITCOINIZATION

>> No.49902322

>>49902231
Eastern currency backed by basket of
Commodities

>> No.49902326

>>49902231
Not gonna happen

>> No.49902387

>>49902326
Agreed, this has been a doomer wet dream for decades.

>> No.49902388

>>49902322
Oh fantastic, hoarding of commodities, followed by massive price spikes and shortages, allowing producers to scale up production, making them rich while crashing the price back down.

>> No.49902892
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49902892

>>49902231
Bitcoin 1 000 000 $
Ethereum 50 000 $

>> No.49903150

>>49902231
>What will happen when the US loses world reserve currency status?
Hyper inflation... There is a fuck ton of money sitting around the world doing nothing. I would really suck if all that money all went home at once.

The odds of that happening is low. The USD is the best looking fat girl at a weight watchers convention. She smells but has a cute smile. Surprisingly All the other currencies are fatter and smellier gals.

>Also, how far do you think btc and eth will plummet?
I don't know but I'll start buying into crypto in about 3 months. I don't own any. If we see more laws regulating normies from owning crypto. Then I will never own much. Just enough in case the USD does lose it's reserve status.

>> No.49903196

>>49902231
Wouldn't the whole U.S economy collapse if that happened?

>> No.49903200

>>49903150
Why do you think its unklikely fof usd to lose reserve status?

>> No.49903283

>>49903200
Because he's American and can't comprehend the rise of China.

>> No.49903414

>>49902231

Hiroshima

>> No.49903479

>>49903200
What would replace it?
>NZD
too small of a country that is in the middle of nowhere. They are printing like crazy.
>AUD
They have good raw materials exports but once again they are a small country that will lock everything down. they are running the printer hard
>SGD
Supper small
>BND
dependent on the SGD
>CAD
Could have a lot going for them if they could kick all the immigrates out and throw most of their government in prison. Still printing more than the US
>CHF
It is a popular currency for trading and it has a lot going for it. But once again switzerland is too small.
>EUR
they are printing like crazy
>GBP
The central bank controlling the GBP had to have emergency rate hikes because they were printing so much.
>CNY
Hope you like a government to lie to you about everything all the time. The Chinese cannot be trusted.

>> No.49903521

>>49903196
mad max collapse

>> No.49903532

>>49902231
>Bearish $ = bearish BTC
Holy fuck you’re stupid if you believe this

>> No.49903562

>>49902231
It already happened, there are countries around the world that have already given up on the $ reserve.

>> No.49903822

>>49903196
not much left to collapse though, manufacturing is gone, living costs are though the roof, what little remains is being taken up by automation, immigrant labor or financial instruments. America is on life support as is with an economy propped up by dept and inertia from a better time. Everyone knows the US is gonna break down, it's just a question of when
If I had the money I would be buying a farm somewhere up north where I could sustain myself and it wouldn't be worth the governments time to come get me.

>> No.49903866

>usd loses reserve status
>quick! sell the btc for usd!

>> No.49903880

>>49903822
there is a nice farm on Ruby Ridge you can live on.

>> No.49903963

>>49903866
There's nobody to sell to in an economic crisis

>> No.49903967
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49903967

>>49903479
>Hope you like a government to lie to you about everything all the time. The Chinese cannot be trusted.
HAHAHAHAHAHA
as opposed to what? The (((Americans)))?
If the dollar gets fucked it won't be about who you can trust but who can enforce the value of their currency, China is in a much better place to do that than the Mongrel States of America; a country that's more than 50% non White or Asian is never gonna be able to keep it's shit together enough to be a reserve currency holder.

>> No.49904001

>>49903880
kek
but seriously though, if the dollar fails coming after 4chan sperg in the woods gonna be the least of the feds problems

>> No.49904005

Russia has stated they're open to using BTC to settle International transfers. I find that interesting.

>> No.49904020

>>49904005
forgot to add link
https://www.nasdaq.com/articles/russia-is-open-to-bitcoin-crypto-for-international-payments

>> No.49904028

>>49902231
dollar milkshake fucks up the entire global economy and people return to the us world reserve currency just to make it stop

>> No.49904045

>>49902231
I'd be more scared of what happens BEFORE they lose global reserve currency status

>> No.49904260

>>49903967
America is more trustworthy than China, plus China constantly devalues their currency.
>>49903479
CHF is probably the best out of all these currencies. It would be a good compromise since the Swiss never do anything controversial

>> No.49904296

>>49902231
>Also, how far do you think btc and eth will plummet?
Pump more likely, Africans already use BTC to buy shit, I doubt people are gonna want paper rectangles.

>> No.49904385

>>49903150
>Hyper inflation... There is a fuck ton of money sitting around the world doing nothing. I would really suck if all that money all went home at once.
US will just implement export taxes.

They will allow foreigners to put the money in stocks and get wiped out into a bubble, or they can put it into real estate and get wiped out in new real estate tax increases for rental property. Either way, get fucked.

>> No.49904488

>>49902326
>Not gonna happen
LOL not only gonna happen, but a lot sooner than most expect it
amerikkka is done

>> No.49904742

>>49904488
America is still the greatest country in the world, regardless of whether foreigners stack bonds.

China is a corrupt shithole, EU is sinking, Russia LOL. Anyone with a brain will still want to go to the US, it's the best place to be rich.

>> No.49904764

>>49902231
Why would it? Where would people put their money instead? Chink Bucks? The Euro? Fucking Rubles???

>> No.49904850

>>49904742
>>49904764
Russia is unironically the most likely candidate, they’re buying up gold reserves to stabilize their currency. They’re also a resource-based economy vs fiat. As evidenced by Ukraine, if US and the West goes bottom-over recession-wise, there’s no reason to expect the Ruble to follow with it. The Yen less so since China is so dependent on Western imports.

>> No.49905263

>>49904005
Russia has been forced out of the dollar and euro capital and financial markets so they are grasping for straws.

The FSBtards are hoping for some sort of commodities backed currency. China is currently the worlds biggest importer of commodities and India is probably going to be the biggest in 15-20 years. Commodities based currency would be against their national interests and they are not going to go for that. So they are going to force their own currencies on Russia over the next years. You will own rupees and yuan and you will be happy.

>> No.49905381

>>49904850
LOL, Rubels????? You fucking mongoloid, good luck with that.....

>> No.49905445

>>49903479
>chinese government lies to you

Um, if lying was a sin, then 95% of the US government would fucking deserve to die.

Are you fucking kidding me?

>> No.49905867

Which will fare better between btc and eth? Which will dip lower?

>> No.49905955

>>49903479
XRP and XLM will replace it. Kikes don't want any one government being too powerful in case it goes rogue so the new reserve currencies will be blockchains with CBDC's being built on them

>> No.49906035

Before it happens the global economy will split into a number of commodity cartels for raw materials. Think like OPEC but dozens of them. That'll start 5o happen once dollar milkshake is in full swing. It'll be a nightmare.

>> No.49906141

>>49902231
>What will happen when the US loses world reserve currency status?
The U.S. has a trade deficit of $700BN per year. All of those are in excess of our exports, and $700BN worth of goods are then leveraged into trillions of dollars in corporate profits, taxes and jobs.
The second America loses reserve currency status, we will be importing far fewer goods, costs will begin to rise, and the worst of all, is foreign nations that hold dollars in reserve may start spending their cash. Our currency that has been exported abroad will eventually make its way back to America as foreigners go on shopping sprees in our nation.

>> No.49906627

>>49903967
Kys immediately commie

>> No.49907555

>>49902231
it will moon against the dollar ofc