Why do I make this statement, firstly have a look at Venezuela now the USA has ostracized them and implemented harsh sanctions the Venezuelan currency is worth less than War Craft currency.
This is what will happen to the USD?
1/ Every country has to be fiscally responsible and balance their budgets
2/ USA doesn't balance anything they just lower interest rates
3/ Bully syndrome you don't buy US bonds (by a foreign country) US government will have no hesitation to issue sanctions
4/America is so arrogant that it thinks this will go on forever
5/Who created Bitcoin was it the Japanese government?? I think yes look at their economy and Yen USA controls it during the boom of the 80's and 90's
6/USA will eventually wield its stick against China, but CHina is soon to be a bigger economy and will no longer let the USA ride on their coatails.
7/ When the Chinese pull the pin which I think you will watch the USD crash overnight and Bitcoin surge, this will also send the Chinese economy and bubble property market will collapse (Bitcoin will be the safe haven)
These are my views and relies on a set of circumstances occurring that have never happened to an advanced western economy.
Arrogance and hubris will bring the dollar down and hurt the USA economy.
Regards
steelecrew
