Post
Topic
Board Economics
Re: Is US lossing reserve currency status?
by
takuma sato
on 12/04/2025, 21:29:16 UTC
last week we've seen russia and china settling international agreeements using bitcoin again, instead of the us dollar
most of global currencies last a max of 120 years, with rare occasions where they last more, the us is hitting that too]

Do you have a source?
What will happen you can only say when having data over a larger period of time.

I think it was even on reuters but it was one of these "reportedly" news, you never get a clear source. But it's not farfetched that is going on. In any case I would frontrun this by owning some BTC myself before it's confirmed just to have a position.

Thus far looks like Trump has folded and we are going back up. He has derisked the tariffs a ton by giving an exemption to electronics, and a big chunk of the sp500 is the mag7 which has a to do a lot with eletronics, so the market will most likely pump. Futures on the nasdaq100 are up almost 4%. This was all a big shitshow and the Trump administration circle has profited a lot from insider trading most likely. I hope no one sold their life savings at the bottom panic selling during the market crash. A lot of people tend to sell at the worst moment and looks like this may be over for now unless we get another leg down due more black swans. But that may probably been a great entry point and those that didn't buy got played by Trump's shenanigans again.