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32 sats \ 1 reply \ @Bitcoiner1 17 Mar \ on: What do you think a collapse in the dollar would actually look/be like? AskSN
USD, the strongest fiat currency has been going down for a while.
The places where hyperinflation is happening, the people just try to use a better money. In Venezuela, per example, every one used USD as store of value and whenever they can, the use Bs as a payment method.
So, maybe in a not too distance future, north Americans will use BTC as store of value and USD as the payment method until no one wants to accept it (USD)...and eventually btc will be use for both purposes.
the public is so misinformed about btc on the whole that i can imagine it taking at least 20+ years for something to change , like we'll need two generations of kids growing up knowing that fiat is shit and not to trust it
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