The probability that this occurs “is not 0%”, according to Bourbon.
The stablecoins anchored to the dollar would lose relevance in such a scenario.
A feasible scenario, and for many bitcoiners, more than possible, it is one in which the US dollar loses all its value. It is a potential reality that would lead to the currency of that American country ceasing to be relevant to the world economy.
For the Argentine Bitcoiner and developer Nicolás Bourbon, the probability that the US dollar stops value is no longer 0%. Instead, he believes that it is possible that, as has happened with all the dominant currencies in the history of the different empires that have gone through this world, The green ticket goes to misfortune.
“In the case of the dollar, debt and issuance information does not seem to get on track and to correct that, someone hardly pays the political cost in the United States,” affirms Bourbon in his X account.
Although it ensures that the devaluation of the dollar will not occur promptly, it sees it likely.
“I am not saying that ‘Sure will happen’, but I am seeing that the probability of passing is no longer 0% and that probably during the periods where each of the past empires dominated … people would think the same about what it is impossible to fall, etc.”
Nicolás Bourbon, computer developer and bitcoiner.
Seeking to press the opinion of the Bitcoiners, Bourbon launched some questions in his account of X: What coin will prosper on that scenario? Will there be a country with your currency that takes the place? Bitcoin (BTC) will have the place that gold had or other assets in that scenario?
The consultation raised his audience, which quickly began to comment and leave his impressions to what is possible: An coming debacle of the US dollar (And, of course, of the entire system that surrounds it, consequently).
The dollar will not be eternal
The software engineer and Bitcoiner, Diego H. Gurpegui, was one of those who participated in the debate opened by Bourbon. For him, the US dollar will lose all its value, because it has already happened in history. “And I think it is obvious that the dollar is not going to be eternal,” express.
“What I don’t know is the deadline. I don’t know if we talk about years, or decades (centuries I don’t think),” he said, and then stressed: “Yes it seems to me that we are in the final phase of the dollar.”
Another bitcoiner, identified in X as EAM+, said On the other hand, a “transition from the world order” is being lived that, in his opinion, had been working after World War II, “towards something else that nobody knows what is going to be.”
“The United States and the dollar will not become irrelevant, but surely stop having the absolute dominance that characterized them,” he said.
Aka “orange”, which is part of the Argentine Bitcoiner community La Crypta, participated in the debate and affirmed That when the dollar falls, “what will happen is that all countries with coins that are not in the top will use Bitcoin.” For him, “The world will be divided into countries with Fíat Top coins and Bitcoin countries.”
The Emmaland user, on the other hand, Believe That when Bitcoin reaches the USD 500,000, “it will not make sense to think of dollars.” He believes that “we will think of Satoshis.” “The same thing that makes sense to value houses in Argentine pesos,” he added.
Another user, known as “Gus” in X, thinks that BTC occupy the place of the US dollar, A change will have to be proposed by the monetary policy of a power“But for a cultural change in the population.”
“In the case that occurs, much is missing. We should first see that adults stop dancing on Tik Tok. 2140 will start the change?” commented.
The end of the dollar has been talking for a long time
The fall in the hegemony of the US dollar is not something that has been discussed from now on. Jesse Colombo, financial market analyst, argues that There is a chance of an imminent crisis for the green ticket. This, considering that the dollar index, which measures the value of that currency in front of a basket of other fíat assets, is forming a bearish pattern.
As Cryptonotics reported, the US dollar suffered its worst first semester since 1973, since it went from 108 points to 96 points, A performance not seen from the end of the Bretton Woods system, When the former US president Richard Nixon announced the suspension of the dollar convertibility to gold.
For Colombo, rebounds from the level of 100 have caused strong mass sales in raw materials such as gold and silver, due to the inverse relationship well established between the dollar and the prices of raw materials.
According to the analyst, if the dollar index continues to fall, The next key support level to consider is 90. “It is a very realistic objective, especially as we approach a recession and a bearish market,” he said, as this media reported.
Currently, the dollar index remains at 98.22 points, and has been around 100 points for about 3 months, as seen in the following graph provided by tradingView:
In this sense, the end of the hegemony of the dollar seems latent, considering that there are other currencies challenging the green ticket. As Martín Redrado, economist and former president of the Central Bank of Argentina, sees it, “the participation of the dollar in global reserves will decrease, although staying around 50%of the total. Meanwhile, Yuan’s participation could increase to approximately 5%, and that of the euro, to 20%.”
For redrado, The dollar could face challenges Let these trends accelerate more steadily. “A factor is the increase in debt and interest rates, which could undermine confidence in the sustainability of its currency,” pointed out.
“The second is the aggravation of geopolitical rivalry, which could lead to broader military conflicts, fragmenting the global order and accelerating the adoption of alternative currencies,” he said.
To all this, the disdain is added that has been booming by other nations, such as those that make up the BRICS, which seek to give their own coins greater on account of neglecting the monetary control that looms over the world by the green ticket.
And while the current US president, Donald Trump, has promised to exalt and “protect” the dollar (even relying on the stablecoins anchored to this currency), the long -term panorama is not so clear. Indeed, There are already clouds forming on the horizon.
