Most none US ppl in developing world seem to want dollars for dollar like instruments denominated in dollars.
ye, that behavior really needs to go
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third world countries clinging to dollars is like boomers clinging to gold
No, makes sense. They donβt have stability. They seek it.
Dollar isnt stable. Maybe more so then their own shitcoin but we should stop promoting and driving up demand for dollars/fiat.
I didnt say I didnt understand their behavior, I said that that behavior needs to go
They cling to the dollar the way someone clings to their partner, when said parter's daddy stands behind them, smiling, saying he'll support them in all their endeavors, while he's polishing his gun saying, if you ever break my sweet kid's heart....
and he's shot about 37 lovers before