|
|
|
|
|
|
by JumpCrisscross
1952 days ago
|
|
|
> US would never switch to BTC as legal tender because they can't control the supply of BTC Most evidence shows the U.S. no longer benefits from the dollar as a global reserve currency. And lots of governments have currency boards or currencies they don’t control. |
|
|
1. The currency board countries are very small players, mostly beaten to blue and also not all currency boards are tied to USD.
2. The bulk (I guess 90%+) of global lending is still in USD - a currency which the Fed can debase at will - as has been happening since 2008 and happened at a grande scale in 2020.
This brings only frustration and bitterness - the last two things you want in international relations, especially in the post-nuclear age soft-power days.