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Wouldn't bet on it. People said the Yen was going to displace USD, then they said that about the Euro...
by ForHackernews 6y ago
Wouldn't bet on it. People said the Yen was going to displace USD, then they said that about the Euro...
- chaostheory 6y agoI’m not saying that I feel that it’s a likely event. I’m saying that Facebook thinks it’s one. On a related note, when it seems like Ray Dalio is saying the same thing (the US dollar will be replaced as a reserve currency), there’s more credence to the idea
- kortilla 6y agoWhy would Facebook care? As a huge multi-national they have billions in all kinds of currencies across different banks. They already are prepared to exchange in any freely traded currencies.
- chaostheory 6y agoBecause it gives people a good reason to use Facebook’s Diem