Every time a currency has collapsed in the past there has been an alternative ready and waiting for people to adopt it.
When people think the USD is going to collapse like Zimbabwe, it’s important to ask the question: and switch to what? Gold fails ever time it’s tried and Bitcoin’s price isn’t anywhere near high enough…so I posit this: USD can’t collapse until Bitcoin price is high enough that blocks could contain enough value transacted to substitute for however interbank settlement happens today.
Rest easy doomers. We’ve got time.
I'm not certain about this, but I believe Bitcoin's transaction volume already matches Fedwire.
So....
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Maybe bitcoin is ready :)
Looks like fed wire is 157 x bitcoin transfer value