Post
Topic
Board Economics
Re: Dollar is worthless!
by
naikturun
on 14/05/2023, 11:19:57 UTC

Let's not rush to judgment about news of dedollarization. There are many things that don't look good now, but I wouldn't rule out anything from the USA, everything seems to be political and the USA looks very calm. Although it may look like they are playing it safe, the dollar is still doing well despite all of the news. Although bitcoin is valued in dollar and traded in many more currencies, the impact of fiat market can be managed

It is also true that Bitcoin is often valued in dollars and traded in many other currencies. However, Bitcoin operates independently of any government or central authority, and its value is not directly tied to the performance of any fiat currency. While the impact of fiat markets on Bitcoin may be managed to some extent, it is still important to consider the potential risks and volatility associated with cryptocurrency investments.