Post
Topic
Board Economics
Re: China is looking to get rid of the US dollar
by
shoreno
on 16/10/2020, 10:46:18 UTC
  almost all national currencies must be converted to US dollars to purchase products from within the country.
u.s dollar can be a national measurement for other country . people do this if they arent familiar with the currency or to the value of a currency but it does not mean that we all need to convert any currency the u.s dollar before buying , for buying on the u.s country maybe .

China is creating a cryptocurrency to eliminate the mediation of US dollars.
this is true and im aware with this , theres a news that says china create a crypto but i never heard that the purpose of them creating a crypto is because they are allergic to u.d dollars   . its like where are saying that other countries that also create thier own crypto do also hate u.s dollars  ? but i believe no, they arent like that . they dont have a hidden anger from the u.s