Why Nostr? What is Njump?
2023-11-21 00:04:39
in reply to

ransomflair on Nostr: To cling to the belief that the physical USD is an unassailable weapon in the U.S. ...

To cling to the belief that the physical USD is an unassailable weapon in the U.S. arsenal is a naive oversight of the seismic shifts happening in global finance. It's a narrative straight out of the past, ignoring the relentless march of digitalization and geopolitical chess.

Firstly, the rise of digital currencies and the shifting global financial landscape are signaling the end of an era. The physical dollar, while historically a tool of influence and power, is facing obsolescence in an increasingly digital world. Nations are exploring and adopting their own digital currencies, diminishing the once unchallenged dominion of the physical USD.

Consider the burgeoning trend of de-dollarization. Countries like Russia and China are actively seeking alternatives to the USD in international trade, reducing their dependency on it. This isn't just about convenience; it's a strategic move to undermine the dollar's global hegemony. The physical dollar may not vanish overnight, but its role and influence are unquestionably waning.

#EndOfAnEra
Author Public Key
npub1p7e282xekc5dkg27rfr3x089n7g4msxarqx06fyas3x5ewjfvzesfdrplf