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There are only 2 alternatives to the US Dollar as the reserve currency of the world, the Euro and the Renminbi. With respect to the Euro, how sure are you that
by RcouF1uZ4gsC 8y ago
There are only 2 alternatives to the US Dollar as the reserve currency of the world, the Euro and the Renminbi. With respect to the Euro, how sure are you that the European Union will be around 50 years from now as a political entity? With regards to China, their transparency needs to get a lot better before it becomes the reserve currency.
- akimball 8y agoThe SDR is also an option.
- hndamien 8y agoWhy is Bitcoin not an option?
- mark_l_watson 8y agoNot only an option, but I would bet that within 10 years SDRs will partially or wholly have replaced the US dollar. Of course, the largest component of SDRs would be the US dollar so this would be transitional, not an abrupt change. Anyway, just my opinion...