How many of you know recently there has been a 50% attack on ETC and attackers take back transactions after made. And technically it is very possible for every other crypto.
For example what will happen once bitcoin mining is not profitable anymore? Will those guys just shut down miners and go away ? Once the hashrate drops enough there will big players which can...
It may start soon. There is no real reserve compared to Dollars in circulation. Reserve is the idea of it is being reserve and once the sell of starts it will crash so hard.
There isn't enough printer in this world to print any currency to buy back dollars printed so far. There won't be any foreign reserve currency anymore.
You can print dollar to buy things but...