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Reply to "what happens when fiat currency/USD is killed or weakend? "
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[quote=Anonymous][quote=Anonymous]I doubt crypto will ever be a viable replacement. The more likely issue I could see that arises out of the current environment is the eventual dropping of the USD as the worldwide reserve currency. If that goes away, our cost of borrowing will go up significantly and we become just another country riding the whims of the bond markets. Will have massive long run dampening effect on economic growth.[/quote] Yes— this is what I have been saying. Elon and the technobros are trying to end the dollar as the reserve currency which is crazy from the perspective of what’s in America’s interest but they don’t care[/quote]
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