Could the current Afghanistan debacle be the sign of the end of the US hegemony. https://www.bbc.com/news/world-asia-56747158
And if so, what would be the implications for USD as the global currency.
Which one will feel this role? Chinese Yuan (CNY)? Euro? Bitcoin?
Posted Using LeoFinance Beta
The answer to your question is which one would you trust in that role?
Do any of those make you feel confortable?
Posted Using LeoFinance Beta
Well, I know you know my answer.
I was pretending to ask :D. Go $BTC
Posted Using LeoFinance Beta
The challenge with that is it would collapse the economy. Bitcoin would create an instant deflationary spiral since it is hodled.
People are not going to spend a store of value they think is going to going up 3x in a year or whatever.
The USD is not going anywhere.
Posted Using LeoFinance Beta
Well I would obviously like BTC to take the role. However I do think the CNY is the most likely choice if they do have to choose something different.
Posted Using LeoFinance Beta