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RE: Hive Backed Dollar : The Amount In Stablecoins Needed To Power The Economy

in LeoFinance2 years ago

The USD is the world's reserve currency and I don't think it will go away anytime soon. People's faith in it is very high because it has never gone negative for its debt and there just isn't anything out there to replace it. I wouldn't take Russia or China's fiat over the dollar due to the faith in the dollar. However, at some point, I do think something will be made to replace it. The government just acts dumber and dumber every single year so I would not be surprised if they did make people lose faith eventually.

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THe USD is bigger than the USG, that is the point.

And yes they do seem to get dumber and dumber every year.

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