Can dollar be replaced?

[Jaephoenix]

Of course the US dollar can very well be replaced by any economic powerhouse, as long as it can hold sway over world economy. There was the Roman Empire before the US came to the scene. Anything can happen

[khichariya1]

People are interested to change the world economy . But the technology had not before the crypto currency and blockchain invent . Now the popularity and reserve both are same strong that can replaced dollar to Bitcoin.

[yawar20]

This is not possible mate. Yah we can say that china is dominating international market and will grow more but to be able to replace USD with yuhan. This type of change need alot more then just crypto market.

[Jaephoenix]

Right now, right here, I don't think the dollar can be replaced because CBDCs or even stablecoins lack the mainstream adoption and awareness that the dollar enjoys. They have to wait

[Google+]

I think the dollar can never be replaced because the strength of the dollar currency is very high, several times China has tried to beat the dollar and tried to replace the dollar currency into its own currency and finally China is still unable to do that.

[Review]

I think this is not possible because most of us don't know about Yuhan well. Even this will be hard for Yuhan to adopt on whole crypto market. Because as we know most of the whale of crypto comes from USA and other top rated country who don't like CHINA alternative system.. Even China right now keep banning the bitcoin and this will effect the Yuhan to adopt in whole over the world .

[Bobcrypto]

This question is not specific, however, I don't think Dollar can be replaced by any fiat currency, but as for crypto (Bitcoin), it may not be possible. One of the reasons is because the dollar is a fait note while crypto is digital, and the dollar is the world accepted international currency that may hardly be replaced by any other fiat currency too.

[Btclover]

The dollar is a strong currency and has a lot of influence in every transaction of selling and buying goods between countries, which will replace the dollar in the future is Bitcoin, cross-country transactions will take place quickly and easily to use

[Manna]

How China can do it can be an amazing story of success but it can also mean the end of USA's leadership and hegemony, and that can mean that all the side effects of the country's propensity to print money will now be coming on itself. Now, to the question: Will that be possible? Yes, it can be possible. The next question is: will China make it?

[Fenix]

The dollar is a strong currency and has a lot of influence in every transaction of selling and buying goods between countries, which will replace the dollar in the future is Bitcoin, cross-country transactions will take place quickly and easily to use

There is no chance for Bitcoin or any other cryptocurrency to replace the dollar. Developed states will not agree to this under any circumstances. The American dollar can replace the currency of a country with a stronger economy than the US. It is in this area that the main battle for leadership takes place. We see such rivalry between the US and China. But China is still largely dependent on the supply of high-tech goods from the US and Europe. And this means that China will continue to be afraid of sanctions from these countries and regions. Until China gets rid of such dependence, its yuan will always be below the dollar.

[Max Way]

How China can do it can be an amazing story of success but it can also mean the end of USA's leadership and hegemony, and that can mean that all the side effects of the country's propensity to print money will now be coming on itself. Now, to the question: Will that be possible? Yes, it can be possible. The next question is: will China make it?

All could be possible if coupled with the support of several countries that began to refer to that country (china). However, it is not that easy, perhaps there needs to be support from most of the major countries in the world who have started to provide real support for it.

[Speaker]

China may try to do this.But it will take a long time before this happens. This is important to understand

[gurunanakji777]

No doubt China is growing at a high pace but replacing the Dollar is not as easy as it seems to some people. The majority of the trade deals happen in the Dollar or we can say the dollar is the global currency to trade worldwide so replacing the dollar does not seem to be possible. Yuan can replace Dollar only when the trade deal globally starts in Yuan instead of the dollar otherwise it's not possible in my opinion.

[NancyDeep]

Eventually it will be, i believe

[Ragini Mishra]

The dollar is a strong currency and has a lot of influence in every transaction of selling and buying goods between countries, which will replace the dollar in the future is Bitcoin, cross-country transactions will take place quickly and easily to use

There is no chance for Bitcoin or any other cryptocurrency to replace the dollar. Developed states will not agree to this under any circumstances. The American dollar can replace the currency of a country with a stronger economy than the US. It is in this area that the main battle for leadership takes place. We see such rivalry between the US and China. But China is still largely dependent on the supply of high-tech goods from the US and Europe. And this means that China will continue to be afraid of sanctions from these countries and regions. Until China gets rid of such dependence, its yuan will always be below the dollar.
[Dollar cvannot be replaced as most coins are valued against dollars. But alternative currencies and coins have their own value. Have you heard of Mallconomy]