If the economy in the U.S. and or Europe implodes how do you see this happening?
Some say deflation some say inflation some say both.
Only the oblivious can ignore the obvious.
Anyway it is hard to wrap my wits around a complete collapse.
The USSR had a complete collapse but the government was so dysfunctional that perhaps people already had created viable alternatives in place.
I would find it hard to imaging that barter could replace the money as there would be no way to have any large scale division of labor or trade. Would this be an opportunity for Bitcoin to replace the money system?
Or would just be a slow gradual decline into a 3rd world economy?