3 ms·

Ecuador and El Salvador both use the US Dollar as their official currency. It isn’t as if there is a lack of precedence when it comes to ditching your own curre

by tempsy 3y ago

Ecuador and El Salvador both use the US Dollar as their official currency. It isn’t as if there is a lack of precedence when it comes to ditching your own currency for something more stable.

mrtksn 3y ago
There are also countries using Euro without being in the Eurozone but those countries are tiny. It is going to be extremely interesting experiment.
- qeternity 3y ago
  Most countries are heavily exposed to the dollar already as it’s the currency of global trade. The same is not true of the euro.
  - mrtksn 3y ago
    You are very well exposed to Euro if you are in Europe or Middle East.