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RE: 💵 What Will Happen In Crypto When the Dollar Collapses ? Bitcoin-Dollar Thought Experiment 💵

in #bitcoin • 7 years ago (edited)

The all point of bitcoin (for me) is not using fiat money. If value of BTC is related to value of fiat money, BTC is already worth nothing.

However USD could go down against EUR and so BTC could go up against USD.

7 years ago in #bitcoin by
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     7 years ago 

    Right but almost every industry needs the dollar to function, the whole worlds economy would collapse, it would be more than just the dollar losing value.

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