this post was submitted on 06 Oct 2025
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United States | News & Politics

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The dollar is down over 10% in 2025, heading for its worst year since 1973 (www.mitrade.com)
submitted 1 week ago by cm0002@sh.itjust.works to c/usa@midwest.social
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[–] dhork@lemmy.world -5 points 1 week ago (2 children)

This is good for Bitcoin

[–] smeg 22 points 1 week ago (1 children)

Bitcoin is good for the rich, who use it to avoid tax laws and other financial oversight laws. And lots of crime.

[–] dhork@lemmy.world 10 points 1 week ago

You are totally incorrect! You are neglecting that it can also be used to bribe the American President and his family.

[–] redsand@lemmy.dbzer0.com 3 points 1 week ago (1 children)

Maybe. You see crypto has issues in a world where superpowers fragment the internet and and build quantum computers. Before those problems though there's the more basic issues of economic collapse and scaling.

You can make money on BTC. But bottlecaps are a better Apocalypse currency