The dollar is the world reserve currency. The undisputed king.
However, there has been considerable effort by many parties to unseat the dollar. Including what should be some of the dollars biggest proponents.
The word on the street is that everyone hates America (actually The US, but the word smiths always push the blame to America) however, the truth is, most places in the world, the dollar is what people secretly prefer.
Now comes the BRICS, and they are trying to oust the dollar. Tried to come up with their own currency. And are now trying to come up with a system that allows them to inter-trade, each one using their own currencies.
And then we have bitcoin which seems to be gaining more and more acceptance in the group that handles real money
Who will win the fight for world domination?
This may seem like a difficult fight to determine the winner of, but it is actually quite easy.
The dollar is about to spiral into nothingness from whence it came.
The mother WEFers and the Fed know this. And they are doing everything they can to start a world war. Thus, like the last two times, they can sneak in their new currency under the cover of war-time-powers. And people won't put up as much of a fuss... because, you know, a war is happening.
Soon they will not be able to create money fast enough to satisfy repayment of the existing loans. Hyperinflation is coming, and there is no spending bill that can be passed to prevent this. It is baked in the cake. It is what happens when you do debt based money printing. The hockey-stick graph goes ballistic at the end.
The dollar is about to die. But, so are all the other currencies around the globe.
Some people are trying to push it over the edge
The narrative is that all these countries hate America, and so, want the dollar to die.
However, the world really isn't like that. At the top, the same group of people control all the central banks. You can tell when they ALL go to a certain place in the world, on their private jet, with private security and limos and... then they all return and do the exact same things.
BRICS is an interesting group. Seemingly, this group of countries have decided to get together to oppose the dollar. And the narrative is that they are going to do it.
But, if you look at any one of these countries, no one wants them in charge of the money. No one trusts any of these countries. They are all, each one, in serious turmoil. Only Russia seems to have a stable currency... by being separated from The US$.
The narrative doesn't match the reality. And things being done just do not add up.
However, they, someone, keeps pushing that they will have a BRICS currency... or the CCP will have a gold backed Yuan... or ...
Anyways, "BRICS means the death of the dollar as king"... which no one believes, but it could happen despite reality.
We all know bitcoin is a far superior money. Actually, currently, it is the only "money" on this list. (the rest are unbacked fiat) (however, not everyone recognizes it as a money, but everyone does recognize that it is not an inflationary, debt based currency)
So far, only one country has recognized bitcoin as their national currency. But many small governments are accepting bitcoin as payment (and counties and cities too)
If the BRICS accepted bitcoin as currency, it would be all over. However, i doubt the CCP will ever want to give up on their world domination plan. But maybe Xi the Poo steps down and the new person embraces bitcoin to fix their country.
Bitcoin is far superior to debt based fiat currency, however, those in charge of money printing want to keep printing money. So, the only countries that will accept bitcoin will be those who are extremely desperate.
The answer is simple. Nothing from the old way of doing things will continue to exist.
This is a maxim of entering a new age.
Everything based on the old age will crumble and fall apart.
The energy no longer exists to support it.
Thus, inflationary, debt based currency will disappear.
If the solution offered does not, at minimum, meet the current definition of solid money, then it will not make it. No matter how much it is pushed, propagandized or even forced at gunpoint.
Thus, the real question is, is bitcoin solid money?
My answer is if bitcoin stays unregulated, then it has a chance of being the interim money.
Although bitcoin is far better than any fiat, it is not the best that money can be.
However, i feel that the newer money, the better money will be just an upgrade to bitcoin. And really, we do not have to worry about it now, and maybe not even our lives, but it is coming. Only a few people talking about it now.
So, as long as bitcoin stays unregulated, uncontrolled by the old power structure, than bitcoin will win out. And those countries that do not adopt bitcoin, or try to block its adoption, will disappear.
It will be interesting watching the most fiercest challengers of bitcoin collapse to dust. (without bitcoin lifting a finger)
