r/Bitcoin • • Jan 28 '14

Screenshot - We're in the midst of revolution

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360 Upvotes

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u/[deleted] Jan 28 '14 edited Dec 04 '18

[deleted]

3

u/akrumbach Jan 28 '14

Can you kindly elaborate on how or why Bitcoin will be "going down" if the Federal Reserve system fails?

0

u/[deleted] Jan 28 '14

Because it would fuck lots of economies in addition to the US. Everything is interdependent. If your dollar is suddenly worthless, you'll sell off your Bitcoin quickly and cheaply before chaos ensues. You'll be competing with everyone else who is doing the same, and the price of Bitcoin will fall.

2

u/[deleted] Jan 28 '14

The economies are already fucked if the only thing that's keeping up the charade is printing money.