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by jollyllama 147 days ago
Thanks for a good reply with lots of interesting historical examples. I think your conclusion is sound. I suppose this is a likely counter scenario to my assertion that nothing will replace the dollar, but rather that it will be partially replaced by a little bit of everything over the course of decades.
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Likewise, it's always good to think through different perspectives. For what it's worth there are definitely people who think it will take much longer than most expect, due to for example the creation and growth of US Stablecoins, China wanting to be an exporter more than wanting the Yuan to be a reserve currency, or greater relative weakness in other countries for example.