Quote from: Abiky on Today at 12:23:32 AM

Quote from: magneto on February 02, 2024, 10:57:10 AM

I highly doubt it.

People have been saying that the US dollar will become less of a reserve currency globally for decades now. And its status has simply not changed. And it's not going to until there is a system reset worldwide where all fiat depreciate in value.

In that instance, I don't think that the replacement would be any other fiat currency either, no matter how strong their economy may be. It is almost guaranteed to be a cryptocurrency, and BTC is the most obvious candidate at the moment.

Empires are not meant to last forever. The Roman Empire was thought to be "invincible", only to be defeated by barbarians. I believe the same fate awaits the US in the long run. Slowly but surely, the US Dollar will lose its position as the reserve currency of the world.

The "de-dollarization" process has already begun. Add to that the rising national debt of trillions of USD, and you will realize that the collapse of American hegemony is imminent. Maybe it won't happen during our lifetimes. But it will happen sooner or later. The question is: How prepared the world is after a sudden collapse of the US Dollar? Grin

one day the world will inevitably have to prepare to face this, remembering that it is true that nothing is eternal, for example we have to change our behavior during a pandemic, and everyone must be able to survive to earn income to support their survival, even though it is difficult , but until now in fact many have been able to survive, and provide new habits, where we are now used to the online system