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Author Topic: Can dollar be replaced?  (Read 11693 times)


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Re: Can dollar be replaced?
« Reply #105 on: August 16, 2021, 08:25:03 PM »

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Re: Can dollar be replaced?
« Reply #106 on: August 27, 2021, 03:30:43 PM »
There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

I think it's old  questions and always be repeated.
in my opinion, everything can happen at crypto currency space.
So, I believe crypto or other have potential to replace dollar at the coming future.
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Offline elbans89

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Re: Can dollar be replaced?
« Reply #107 on: September 03, 2021, 01:12:04 PM »
There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

I think it's old  questions and always be repeated.
in my opinion, everything can happen at crypto currency space.
So, I believe crypto or other have potential to replace dollar at the coming future.

Yes, youre right . Its ood question and always be question.
Because many people want to know,  Who can replace dollar,  I think crypto has potential to replace dollar at the coming future.
thats normal and really will happen while crypto currencies are so popular as dollar.
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Re: Can dollar be replaced?
« Reply #108 on: October 22, 2021, 04:36:02 AM »
For now I don't think the dollar can be replaced by any payment, for several reasons. But in the future, I believe that the dollar can be replaced.

No, It can be.I think dollars can be replaced at the coming years . Dollar as fiat money.
But we don't know, If dollars will have digital currency.
I think It will never be replaced.

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Re: Can dollar be replaced?
« Reply #109 on: October 22, 2021, 08:46:40 AM »
For now I don't think the dollar can be replaced by any payment, for several reasons. But in the future, I believe that the dollar can be replaced.

No, It can be.I think dollars can be replaced at the coming years . Dollar as fiat money.
But we don't know, If dollars will have digital currency.
I think It will never be replaced.

Talking about dollars , can be replaced or not, I think It depends on the US government.
If the government will keep their dollars, I hope they will create digital dollars.
I think It's the best way to do.

Offline Noverteno

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Re: Can dollar be replaced?
« Reply #110 on: October 22, 2021, 06:44:59 PM »
Theoretically and practically, it is quite possible to replace the dollar as a global world currency. The dollar since the seventies has not been backed by gold and paper dollars have been printed many times more than the value of all goods and services in the United States. If governments now presented paper dollars to the US government for redemption, the US would immediately default. For this reason, the US government makes sure that the paper stock of dollars is not returned back into the country. This balancing act is very dangerous.

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Re: Can dollar be replaced?
« Reply #111 on: October 23, 2021, 02:24:59 AM »
This is a very important question, but without a straight forward answer, come to think of it, the USD has been the world currency since the US has been the world power, aside this the China nation has been working so hard to lead in the world power but it has continued to be a fruitless effort, The US nation will not seat and watch that happen because for the Chinese Yuan to be the world's currency that simply means the Chinese nation rules the world.
What I'm saying in reply to the question is this, it will be very impossible, if there should be any possibility in it, it will be hell difficult.

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Re: Can dollar be replaced?
« Reply #111 on: October 23, 2021, 02:24:59 AM »


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Re: Can dollar be replaced?
« Reply #112 on: October 23, 2021, 05:26:59 PM »
You can replace the dollar with digital collateral currency. To do this, the state needs to create, like the dollar, a currency that was released into circulation. This will gradually replace the dollar.

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Re: Can dollar be replaced?
« Reply #113 on: October 24, 2021, 07:11:52 AM »
There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency. That would give it more control over its economy. sometimes I just be wondering how this countries always push their own currency in the forefront ahead of other country, regarding to what China is saying about their yuan currency in trying to make it gain more value than US dollar. Base on your own opinion can that be possible?

For now anr for the few yeras again, I think It is impossible to happen.
Dollar cannot be replaced.
Dollar is still superior and more popular than crypto.
But maybe at the coming future, It can be.

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Re: Can dollar be replaced?
« Reply #114 on: October 24, 2021, 12:06:26 PM »
Theoretically and practically, it is quite possible to replace the dollar as a global world currency. The dollar since the seventies has not been backed by gold and paper dollars have been printed many times more than the value of all goods and services in the United States. If governments now presented paper dollars to the US government for redemption, the US would immediately default. For this reason, the US government makes sure that the paper stock of dollars is not returned back into the country. This balancing act is very dangerous.

In terms of economic development, China is becoming a world leader. Perhaps the Chinese currency will be able to defeat the dollar in its long-term leadership. But unfortunately, the default of the dollar will hit the economies of all countries very hard, so I have an ambivalent attitude to this phenomenon. But if we think objectively, the dollar should collapse in the foreseeable future.

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Re: Can dollar be replaced?
« Reply #115 on: October 24, 2021, 09:03:36 PM »
As for me I think in the future fiat money wouldn't exist. But it will be USDT for example. May be there will be digital state currencies like Chinese and Russian digital assets. But there digital currencies are not decentralized like crypto.

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Re: Can dollar be replaced?
« Reply #116 on: October 24, 2021, 11:34:42 PM »
The US has been an economic stronghold for a century or so. They strived for and earned that enviable as the world power. And the dollar is backed by a strong and stable economy.  Thus almost all financial evaluation is pegged to the dollar

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Re: Can dollar be replaced?
« Reply #117 on: October 24, 2021, 11:56:28 PM »
I think the dollar can never be replaced with the currency of cryptocurrency, it can be seen from the very limited supply of cryptocurrency which can cause price inflation if used worldwide and of course it will make a lot of people lose if that happens.

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Re: Can dollar be replaced?
« Reply #118 on: October 25, 2021, 06:58:09 AM »
The dollar currency will not be replaced by other coins, especially since the coin is a cryptocurrency because until now the dollar support is still very strong, in contrast to cryptocurrencies and of course supply may be an important influence.

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Re: Can dollar be replaced?
« Reply #119 on: October 25, 2021, 06:41:32 PM »
Of course, this can happen, but not with cryptocurrency, only a developed country can change the dollar. There are great chances that China will put the dollar on the back burner, it's just guesswork.
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