Subnostr

RunningBitcorn 2y ago

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

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Discussion

Beiner 2y ago

A few more wars before it happens. That's how they will try and save it

RunningBitcorn 2y ago

Ukraine def has those vibes, doesn't it?

Beiner 2y ago

I'm American but the problem with the world is the American government. They start everything. Just leave everyone alone why do they need to be enslaved to the usa currency I really don't understand 😕

CensorThis 2y ago

Very slowly

RunningBitcorn 2y ago

Why’s that?

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.

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.

Deleted Account 2y ago

USA is king of FIAT

RunningBitcorn 2y ago

The kingdom is crumbling slowly (then suddenly).