Can dollar be replaced?

[jhm]

Can it be replaced ...in theory yes. However, I don't like the odds

[TERMINO]

Possible after thousand or million years from now. US and China are economic friend now develop good condition for peace. In terms of power US is ahead over China. Today China is gaining more than US in terms of economy. I think that is the ground why China wants to defeat dollars.

[Freemind]

Possible after thousand or million years from now. US and China are economic friend now develop good condition for peace. In terms of power US is ahead over China. Today China is gaining more than US in terms of economy. I think that is the ground why China wants to defeat dollars.

China and the United States will never be "friends," especially with the latest news in which a group of Chinese hackers allegedly attacked some infrastructures in the United States. The United States is a great military power, but over the years it has to fight against great inflation that weakens it compared to its competitors. Nothing is eternal, so I would not be surprised if the United States soon lost its status as the world's leading economic power.

[Bobcrypto]

Well, in this world, no conditions seem to be permanent. Before now, there were great empires and kingdoms but unfortunately, some of these great empires and kingdom's has falling give rise to the existing nations. Dollar has maintained a great regime for many years but may not last forever. However, I don't think that the Chinese yuan will ever overtake or replaced the US dollar no matter how their economy is booming. The US has advantage over China  even on the world economy, and there is also a language and social economy powers beside been a great war powers by the US over China.
China will only try to be the biggest economy but won't get the desired supports from the G7 nations. A tree can not form a forest. This is my opinions.

[Gvent]

Well, in this world, no conditions seem to be permanent. Before now, there were great empires and kingdoms but unfortunately, some of these great empires and kingdom's has falling give rise to the existing nations. Dollar has maintained a great regime for many years but may not last forever. However, I don't think that the Chinese yuan will ever overtake or replaced the US dollar no matter how their economy is booming. The US has advantage over China  even on the world economy, and there is also a language and social economy powers beside been a great war powers by the US over China.
China will only try to be the biggest economy but won't get the desired supports from the G7 nations. A tree can not form a forest. This is my opinions.

Nevertheless, in a few decades, China has turned its economy into the most powerful in the world. this was done through a huge effort and now it works. It is unknown how the US-China relations will develop further, but the fact that China has loudly declared itself as a superpower is undeniable.

[jonathancool220]

The stable coin market can certainly change over time and of course also like in cryptocurrencies, the more requests to buy Bitcoin or altcoins, the marketcap of the altcoins will certainly rise again and the marketcap will rise.
YUAN and USD compete with each other in the real market and of course also overlap to create their own market and want to be the king of Fiat around the world and maybe in the future will also collaborate with cryptocurrencies in the future to be the best.

[Freemind]

Nevertheless, in a few decades, China has turned its economy into the most powerful in the world. this was done through a huge effort and now it works. It is unknown how the US-China relations will develop further, but the fact that China has loudly declared itself as a superpower is undeniable.

What you say is totally true. China has managed to climb to become one of the greatest economic powers in the world thanks to effort and enormous sacrifices (its own government devalued the Yuan when necessary) and knowing how to compete with other markets. While China devalued its currency, the United States government did nothing against inflation, and the United States can pay for it at a high price.

[tvplus006]

Possible after thousand or million years from now. US and China are economic friend now develop good condition for peace. In terms of power US is ahead over China. Today China is gaining more than US in terms of economy. I think that is the ground why China wants to defeat dollars.

As long as the Chinese government applies the devaluation of the yuan in order to increase the competitiveness of Chinese goods, it is impossible for the yuan to surpass the US dollar until then.

[Digital_Lord]

I think it is just a though and dollar can never be replaced but it can be lowered because the currency of dollar can be so low in the future and it will be present in the market. That is just my thought, and let's watch in the future.

[Gvent]

I think it is just a though and dollar can never be replaced but it can be lowered because the currency of dollar can be so low in the future and it will be present in the market. That is just my thought, and let's watch in the future.

The dollar has a very strong influence all over the world. Perhaps the Chinese Yuan will compete with the dollar. In many ways, these processes will be influenced by the development of the economies of China and the United States. Given the breakthrough made by the Chinese economy, the dollar has a real competitor.

[Fenix]

The dollar is still in strong positions. Therefore, in the near future, he will not go anywhere. However, its competitors such as the yuan, the euro may gain strength and the dollar may gradually cede its absolute power in the financial world. The economies of states do not stand still. Now we see the economic growth of China and therefore its weight in the world financial market will grow.

[gotbounty]

dollar can never be replaced but it can be lowered because the currency of dollar can be so low in the future

How to lower dollars? I don't understand what you mean. In my opinion, the dollars will have the same role as the international currency and it has a big influence on the world's finance and economy. If there will be no currency that can have the same or bigger roles, the dollars will be never replaced. Even BTC or ETH seems hard to replace dollars.

[satpol_PP]

dollar can never be replaced but it can be lowered because the currency of dollar can be so low in the future

How to lower dollars? I don't understand what you mean. In my opinion, the dollars will have the same role as the international currency and it has a big influence on the world's finance and economy. If there will be no currency that can have the same or bigger roles, the dollars will be never replaced. Even BTC or ETH seems hard to replace dollars.

I think you're right, dollars never been replaced by crypto currency. I think both have own market. So they will never replace each other.
But It's just my prediction, maybe wrong.
Dollars has been known by many people almost all the world.

[Freemind]

I think you're right, dollars never been replaced by crypto currency. I think both have own market. So they will never replace each other.
But It's just my prediction, maybe wrong.
Dollars has been known by many people almost all the world.

We are not talking about cryptocurrencies going to replace the dollar, we are talking about other currencies such as the Yuan. And as I have already said, it is something that would not surprise me if it happened in the not too distant future, while the Chinese government is able to devalue its own currency to save it from a catastrophe, the United States government does nothing to fight against the great inflation that the dollar has suffered for many years.

[cytherea]

it is possible but it will take a couple of decades as the Chinese economy dominating the trade market around the world, as we have seen the world is made in china. From electronic products to kitchenware, even luxury brands are made in China. So there is a possibility but it will not gonna happen anytime soon.