most liquidity pairs for Bitcoin have USDT as pair, so if dollar collapses, so does Bitcoin
tldr we’re fucked
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I think Wise would instantly block exchanges if things went bad.
hey dude every single store that is currently listed on this page
Buy Gift Cards & Top Up Airtime with Bitcoin or Crypto - Bitrefill
Then there’s p2p purchases (Others would be in a similar position to us so willing to trade)
Also that’s without even thinking outside the box if you make a good game plan you can spend your crypto almost anywhere and the person your buying from is not even aware your using crypto.
Then there’s plenty of prepaid top up credit type cards. You simply send them your crypto as and when you please and they will exchange it to your local currency. A bit like wise but crypto related.
If your a rich MOFO like @swapd you could also actually look into creating your OWN BANK.
Then you are the controller no matter what.
True.
I think if this happens we’re fucked anyway. Buying gold is not bad, I may do it.
Only if i Hope, this will never Happen.
US specialised the art of always keeping the public in Cultural war while they eventually fuel the actual war to bully and line in the power.
Don’t believe me? Check this article: U.S. four-star general warns of war with China in 2025 | Reuters
They are constantly warning China over war. There are many articles regarding this. Power is greater than wealth, as long as US possesses the power (pentagon & technology) nothing will ever change on wealthy level.
And even if the war breaks out if would be impossible for China to take on USA at current position. Also brics means ■■■■, India and China does have border issues on fourt fronts. BRICS is filled with egostic countries trying to overpower their giant egos. The US will easily tap out of this nonsense. Also the world population always wants to move and migrates\ towards the western countries not the China or Russia. Their economy will forever perish and so does USD.
China may not be as easy as USSR to disable, but they eventually will do it.
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Some people in this thread don’t realize that if the USD falls, USDT/C will be worth as much as the worthless USD.
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The problem with crypto is internet and electricity, so when you have a war, you can’t really use it…
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One moment, sending the payment right now!
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If there is no internet & electricity, it’s safe to say that the end of the world is nearby.
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I love crypto, and I always hold my money in it, however, since the matrix controls the ISP in the end, the only solution will be satellite internet access like starlink.
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put your money where your trust is, simple.
there is no solution as a collapse at that level just goes beyond what we will be able to understand, just forecast.
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Buying $1 USD for 0.60€ interested PM
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USD is not some stablecoin, I think the chances of it collapsing are extremely low but if that happens world will end as we know it. It would be the biggest financial disaster that ever happened to this planet
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Keeping your funds in a centralized exchange is a horrible solution
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Even if you decide to hold crypto, it’s best to diversify your holdings. If you hold crypto you should have an invalidation for your plan. Regarding stables, whether you are team USDC or USDT; it would be stupid to only hold one. Also, create a plan and stick to that plan regardless of what happens. There will be an enormous amount of FUD in the future and this should not change your plan. Cash will always be king; Ask yourself, what if this time is different? 95% of the time it isn’t different.
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Isn’t Russia and china also stock piling gold?
correct if I’m mistaken guys
XRP
I’m thinking how I’ll be able to pay off my credit cards while operating my business