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The worlds largest payment platform has reached way more than 2 billion.. It's called the U.S. Dollar. I've never been in a Country where it has not been accep
by rootedbox 14y ago
The worlds largest payment platform has reached way more than 2 billion.. It's called the U.S. Dollar. I've never been in a Country where it has not been accepted.
- StavrosK 14y agoWhat? I'm pretty sure nobody (very few places?) in Europe accept USD.
- s_henry_paulson 14y agoI'm an American that travels extensively, as well as lives abroad. The only places outside the US that accept US dollars are places located near the US border, or heavily trafficked tourist areas.
- stellar678 14y agoLots of people in Latin America prefer to work with dollars when they can. Look at what the government of Argentina has been up to recently in terms of limiting the population's access to US dollars if you don't believe this. People in high-inflation places can benefit from holding dollars instead of their local currency - and one easy way to get ahold of them is just to accept them as payment for goods or services.
- stevesearer 14y agoAgreed, I was just in Costa Rica and most businesses I encountered accepted USD. I also think its ease of conversion with the local currency helped as no calculating was really necessary.
- EwanToo 14y agoTry paying with a US dollar anywhere in western europe. I'm pretty sure you'll end up with a weird look, unless perhaps you're massively overpaying.
- rootedbox 14y agoYou may be thinking myopically if you are just thinking of mom, and pop fish n chips store. Because, how do western European oil companies.. buy oil(which can only be bought and sold in US dollars)? How do western European electronic companies get parts from Taiwan, and Japan without outrageous exchange fees. Do you think these companies switch back and forth from euros to us dollars.. or do you think western European companies(especially manufacturing) just keep, and use US dollars. The entire world economy depends on the US currency platform.
- joejohnson 14y agoThen you haven't travelled to a lot of countries.
- caster_cp 14y agoIt's illegal in Brazil to accept payment in US Dollars... or in any foreign curerncy, for that matter.
- rootedbox 14y agoJust because it's illegal. Doesn't mean it's not accepted.
- ucee054 14y agoThe US dollar is not the platform that helps you to pay something. It is the thing that you pay, with or without using the help of a platform to do so. Can you really not understand the difference?
- techiferous 14y agoAn on-topic but not well-known fact: "The present currency of Ecuador is the United States dollar." http://en.wikipedia.org/wiki/Currency_of_Ecuador http://en.wikipedia.org/wiki/Currency_of_Ecuador
- piotr_krzyzek 14y agoThat aren't too many places that accept the US dollar directly outside of the America's. In most places in Europe and Asia you'll be hard pressed to pay with the US Dollar. In major tourist cities, maybe ... but outside of that (and even inside) you're best bet for paying will be to go to a currency exchange and trade. 15+ countries so far and none accept the US Dollar directly.
- SCdF 14y agoYou haven't been to many countries then. I don't think any country I've been to except the US accepts US currency. They'll accept it in a bureau de change, but you can say that of lots of currencies. (For reference, that's mainly Australasia and Europe)