Replying to RunningBitcorn

80% of the world's commerce takes place in USD. How quickly will de-dollarization take place?
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CensorThis 2y ago

Very slowly

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RunningBitcorn 2y ago

Why’s that?

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CensorThis 2y ago

Because every country is throwing money into the ocean.

So, if they’re all devaluing at the same time then they stay close to relative value.

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RunningBitcorn 2y ago

So what you’re arguing is that bc the rest of the fiat world is losing value at equal pace, the king of fiat (USD) sticks around for a long time?

Not sure if I’m tracking with you on that, aside from the fact that this seems to be the case for hyper-bitcoinization.