Can dollar be replaced?

[Orange89]

Usd is a world role model and it help in making the market stable if any coin can replace the dollar it is Bitcoin so must hold the coin

[Arkann]

Usd is a world role model and it help in making the market stable if any coin can replace the dollar it is Bitcoin so must hold the coin

since the government always manipulates its capabilities, creating inflationary processes in the country, this leads to the depreciation of national currencies. it is thanks to cryptocurrencies that people will be able to save their savings without losing value, as is now happening in many countries with national currencies.

[Mas Bro]

I think it is difficult for the Chinese Yuan to replace the dollar. Because the dollar is a very strong currency. Therefore the dollar is still the most popular currency in the whole world, and I think that in the future it will most likely remain that way.

[indexx]

It will not work, for me currency is everything that is ingrained from birth. and it would be so hard it wouldn't even be able to replace it. Moreover, the value of crypto is also uncertain, which can be an international currency.

[Alcor]

In any case, the Chinese government will try to replace the dollar with its yuan, at least first in its Asia-Pacific region. China's economy is very powerful, it is developing rapidly and claims to bypass the US economy. Therefore, everything is absolutely possible. The official release of the digitized yuan in the near future may play a significant role in this. After all, all other states, including the United States, have already lagged far behind China in digitizing their currencies.

[Digital_Lord]

Yes, it can be replace because as we talking about the country China then it has the leading currency but even not now it currency has been working as a dollar so that can be replaced if a country wants.

[debra]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency.

How can Yuan replace the dollar? I am not sure it is possible because most countries in the world already supported the dollar and are not familiar with yuan. China can claim their yuan to replace dollar in the future but just look at the fact. Even only small numbers of countries in the world that are familiar with yuan.

[xeroz]

There are always many questions about this. And the answers are no for this time, but maybe for the future.
Right now. China is trying to pass the Dollar by the US.
But, that big country will not probably let it be. They will try to make dollars to be always number one.

[Anonylz]

Usd is a world role model and it help in making the market stable if any coin can replace the dollar it is Bitcoin so must hold the coin

Even Bitcoin won't be able to replace the Dollar $ at least that is not visible yet. We all love Bitcoin and we want it to eventually be globally adopted but to think the Dollar will be replaced by Bitcoin is stepping too far because thinking of what the dollar is and what it represents, then you might have a rethink to that claim. 

[Dbc23]

As long as US remains the most powerful country and the base pair for most currency exchange it wouldn't be that easy to replace it with any other country not even yaun although it wouldn't be agued that the Chinese economy is getting stronger by the day and US economy fluctuates that doesn't still make dollar replaceable

[tervel]

Bitcoin is logically superior because it’s not government money. Bitcoin’s not about to replace the dollar, or any other broadly circulated money form. While there’s much to dislike about the dollar but this change will not happen soon.

[Freemind]

I believe that with the forthcoming appearance of the digital Yuan, many things that seemed unable to change could change in a short space of time. The Chinese economy does not stop growing and reaching new markets while the United States and the dollar each day have higher inflation and less power, and these events undoubtedly threaten the reign of the dollar, moving it closer to second place every day and increasing China's power around the world.

[Gvent]

I believe that with the forthcoming appearance of the digital Yuan, many things that seemed unable to change could change in a short space of time. The Chinese economy does not stop growing and reaching new markets while the United States and the dollar each day have higher inflation and less power, and these events undoubtedly threaten the reign of the dollar, moving it closer to second place every day and increasing China's power around the world.

But there is no need to completely write off the dollar from the accounts yet. This is the world currency that regulates the currencies of many states. Of course, China has developed its economy very much recently, but I think that the struggle for leadership will last for quite a long time.

[dekafee79]

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?

Yes, it can. But Not at the few years. Dollars is more popular than other.
Cryrto currency will need long time yo be more popular as dollar.
But I believe it will happen.
Lets see.

[Senin]

There was a claim that China want their currency which is yuan to replace the US dollar as the worlds global currency.

How can Yuan replace the dollar? I am not sure it is possible because most countries in the world already supported the dollar and are not familiar with yuan. China can claim their yuan to replace dollar in the future but just look at the fact. Even only small numbers of countries in the world that are familiar with yuan.

This is quite possible. Here, the statement of the Chinese government itself is not so important as real actions that can raise the Chinese economy to the first place in the world. Following this, it is absolutely probable that corresponding changes will take place in the financial world. This will be a long process, most likely that the yuan will first displace the dollar in the South Pacific region, and then and further.