Can dollar be replaced?

[Sammy9ce]

Yes I think so, but it depends on the currency that it would be replaced with cause dollar is one of the most valued currencies in the world.

[Crypto Guard]

I don't think these dollars can be replaced with anything else. Because dollars itself is a very strong currency. Where this has also been accepted and approved by all countries to become an international currency. Maybe if something is replaced it means that the currency is amazing.

[Paglamon]

I think the dollar is much more popular around the world. So the dollar cannot replace any currency. No new currency in the world can replace the old one. However, any new currency may be popular all over the world. So I think China yuan could gain popularity.

[Senin]

It may well be. The Chinese economy is now developing very rapidly and it is quite possible that in the near future it will displace the dollar. The printing of dollars is growing and this does not give it sustainability and value. In the past year alone, about 22 percent of the total money supply of dollars was printed. It is enough that some large states refuse to use it and it will collapse.
In many ways, in this regard, it will depend on the success of the launch and circulation of the Chinese digitalized yuan. This is a new type of financial asset that has no analogues yet. It won't even be based on blockchain technology as previously thought.

[pacar_tiri]

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 anything can happen, but it is really difficult to replace dollar.. Although yuan and EURO are popular, but dollar is still superior and has been used almost all of the world. Maybe whole crypto currency will be more popular, I think cryptos have potential to compete with dollar.

[Galley]

And I, for some reason, am sure that in the next 10 - 20 years, the Chinese yuan will oust the dollar from the first position. The dollar took its leading position at a time when the United States held an overwhelming lead, politically and economically. And now the world has changed, the end of US hegemony is coming, and with this something may change for the better.

[tervel]

The strength of the U.S. economy instills trust. Could China's ambition to make the yuan the world's currency lead to a dollar collapse? Probably not. Instead, it will be a long, slow process that results in a dollar decline but not to collapse.

[Vladok]

I think not, because the dollar is the world currency, which people use in almost every country, so somehow replace the dollar is unlikely to ever get, I do not even know what could happen to the dollar to replace something

[Freemind]

The American machine will never allow the dollar to be replaced. No matter how strong or capable the Chinese yuan is, not only the dollar is at stake, the pride of Americans is also at stake. If we look at history, wars have started for much less, then what is to come I don't think is very good

[robert20]

It is not so easy to replace dollar. Even if it happens it will still take many years to happen. Because using crypto instead of fiat is not easy process. It needs infrastructure and teaching people about crypto and how to use it.

[Unbunplease]

America has enough trumps in the sleeve. USA cannot surrender without a fight.  The United States continues to influence the world, and the world is forced to reckon with SEC ..

[Boginya Valyutnaya]

In our world, everything is possible from here, there is nothing surprising.

[Stuart]

I really did not get the direction of this post yet. Is it that China wants to replace US dollar in the world economic trade, in terms of international (from the position of USD being used as a standard for international means of transactions) or as a stable coin in the crypto market? USD has been used for several years as a standard of transactions internationally, and because of that, it made its use in the crypto world go popular too. China yuan could find it difficult to take such place, despite the fact their economy is good internationally.

[farhan28]

Whatever popularity is gained by cryptocurrency & however there prices has become, they Can't be replaced with dollar.
World's economy is depend on real money not by the Crypto.so you can dream for it but can't be possible in reality

[Kitaiev]

If you look at the history of mankind, it becomes clear that everything is possible. It's another matter when this can happen. As it seems to me now this most likely will not happen because the world is now very tied to the dollar and there are not too many prerequisites for changes.