Things like this don’t happen overnight, just like the decline of empires doesn’t happen overnight. Have you heard of the Portuguese real? Or the Spanish real?

Things like this don’t happen overnight, just like the decline of empires doesn’t happen overnight. Have you heard of the Portuguese real? Or the Spanish real? Maybe the Dutch guilder? They were all global reserve currencies in the past. If you haven’t heard of them, don’t worry, someday, people will ask “Do you know the United States dollar?”