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RE: China Starts Ditching Dollar ~ News with Rick Sanchez … (Death of the Dollar–28) with Video

in Project HOPE4 years ago

I doubt that another fiat currency will replace the dollar, not even the yuan. So, it will most likely be a basket of currencies. At the same time, it's not like the world actually needs a single reserve currency, and it might be better off without one.

The other day, I watched a Keiser Report, on which the guest asserted that bitcoin is the most likely candidate to become the next global reserve currency. That makes complete sense.

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Could be basket containing USD, EUR, CNY and JPY...

The other day, I watched a Keiser Report, on which the guest asserted that bitcoin is the most likely candidate to become the next global reserve currency. That makes complete sense.

This really answers the question. I think Bitcoin will be the next big thing in the nearest future. Onwards!

There's a good possibility that BTC might be the reserve currency.
Gold and silver will continue to be a store of wealth. But, in terms of currency, cryptos in general and Bitcoin in particular seem to be the best option.