Reply to post: Re: But today I'm a reformed character

From Libra to leave-ya: eBay, Visa, Stripe, PayPal, others flee Facebook's crypto-coin

Anonymous Coward
Anonymous Coward

Re: But today I'm a reformed character

"This is true, but there seems to be a long term shift (must avoid cliché "tectonic") caused by the end of the Soviet Union and the rise of China, and US sanctions."

But with trust in China on the decline (after a number of "Hey, wait a minute"s from various lesser nations) and with few other countries having sufficient capital to have the same level of reach, most are agreeing that the US dollar will remain the international currency of choice for the forseeable future, in that should the US suddenly collapse, international trade as a whole will likely fragment and be severely handicapped for some time afterward.

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