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What if USD shifted to Blockchain technology.

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In fact, it is a great idea and it is a kind of investing money, you put a certain amount and when the bitcoin price rises, this will benefit you, but only for those who have the money and want to invest it.

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USD has a long background history and it was the most widely used currency. It doesn't need to used blockchain technology to compete with crypto it is a stable assets that has a fixed value unlike crypto.What you say is true, that every coin born has its own place and if indeed the USD shifts to Blokchain technology, then Crypto will be legally stamped.

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Its effect will be very large, this means that the crypto has become legal and that the dollar will control the cryptocurrencies as it controls the paper currencies now

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The chance of such event happens is really low and I don't consider this as a chance at all, however we have already seen unpredictable actions from governments so who knows.

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That cannot happen. America is printing what it wants from the dollar and it cannot set a specific ceiling for the possibility of printing the dollar like Bitcoin.

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It is impossible for this to happen, so I make a global paper cane to the threat. Countries in the form of a cryptocurrency are a lame thing and always put the countries at risk of theft and penetration. If the collares were converted into a blockchain technology, this would have a very big change in the global and commercial economy


 

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I have not thought about this yet, but if you can use blockchain technology with USD, the USD will bring a new face. But it also greatly affects the market. But the government probably won't allow the bank to do this.

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I think that then the entire turnover of dollars can be controlled by the US government, and this is very bad for the anonymity of people.

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If this is the case, think of the digital currencies will culminate in victory. This means abolishing the old financial system and dealing with a new type of economic dealings. I think that this will contribute to the growth of the economy in every town and there will be parity. . It may also result in fluctuations in the consumer market


Учитесь, учитесь и учитесь на своих ошибках :classic_smile:

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That will not happen because USA government will not accept it. US government is very powerful and they have good economy in their country, i don't think they will agree to be under blockchain technology while they can control their currency without any problems.


Time is the ultimate weapon!

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I think that then gradually paper money will go out of circulation because they will be used less and less often and they will be replaced by virtual money.

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The dollar shift to blockchain technology will definitely support blockchain technology and increase its use around the world but that will not support bitcoin and cryptocurrencies because the goal of use will be the dollar as a stable currency.

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In my opinion if USD would shift to blockchain technology, every withdraw and transactions happen with USD. That means USD is the best in all over the world. There would not be any BTC as a king. 

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Having fir the use of the USD going on to the use of blockchain, is already on the part that the United States government are on the same page on having to use and accept the adoption of Cryptocurrencies into their scheme, as we know they still are reluctant on having to bargain in the use if this technology

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I had never thought of that before, but I think that it will not happen and the dollar will remain as only a paper currency.

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3 hours ago, Kutulay said:

I do not think this will happen when we convert their currency into blockchain coins. Because the people of the United States always need money to buy something. But if coins fall into the blockchain, they cannot use them on time. In addition, this will have a huge negative impact on the online market. So I think this should not be done.

This is not limited to any country or region. People of all countries need fiat to fully meet their needs but USA is among the countries with the highest level of crypto payment acceptance by shops and services. I estimate that US people can now pay for half of their purchases with bitcoin. US has a large number of ATMs and blockchain courses. USD will not shift to blockchain but I think US has plans to increase the uses cases of blockchain technology because they are training so many experts in this field and employers are looking to hire specialized blockchain developers.

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I don't think it's even possible, because the total usd volume is so much higher and if it adopt blockchain technology it would cover maximum percentage of the total Crypto Marketcap so the price needs to decreased of usd and this thing makes it impossible.

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NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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USD will not shift to the blockchain, but it will back a lot of coins in the blockchain just like how it is currently doing now.it will be difficult for it to be pushed there by the government.

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I don't think it is going to happen. USD is most widely used fiat currency.And if it happens then it will have a lot of impact on every market of world economy. 

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l don't think that USD can shift to blockchain technology, maybe it can overcome coins, which are precisely shit coins. 😄 But seriously if it will happen, there will be a huge impact on the crypto world. But it is just prediction.  

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In fact, I did not think and do not know how the US dollar could convert to blockchain. But in general, the conversion of the dollar to blockchain does not mean anything, because blockchain is used in many scientific, social, medical, financial and other applications. But it will turn into a cryptocurrency or cryptocurrency that will change a lot.

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No i don’t think this can a happen , because is difficult to change a coin from a technology to another , but they countries try to created a new coin working with blockchain technology , this what i think can happen. But usd or eur no i don’t think so .

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I do not know if this is possible, but if the liquidity of the US dollar turns into cryptocurrencies, I think the cryptocurrency market will reach the moon or hundreds of times more levels.

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On 1/18/2020 at 8:11 PM, Migo said:

This will effect a lot, anyway I don't think that will happen, because every coin has its own place in the market, and no one can replace the other, if the usd shifted to blockchain technology then the whole crypto world will be legal and accepted worldwide 

That's how I agree with you I think that doesn't happen since the usd coins is an established currency with a good base has nothing to envy to blockchains

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Similarly, this would mean that the Fiat is no longer there! - Cryptocurrency is centralized, and it can be used without any problems, just a digital currency. But the fact is that there is already USDT - a good and stable analog, but the transition of the main currency, this is unlikely!

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