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Topic: The rise of Yuan & USD becoming on the verge of becoming a Shitcoin. - page 2. (Read 219 times)

legendary
Activity: 3136
Merit: 1233
Nothing lasts forever, the US has bullied & pillaged other nations for their oil, gold & minerals for a very lokg tike under the dark cloak of the petrodollar. Maybe it’s time for a new alpha in town. Those in power have mismanaged the worlds reserve currency for an age.

President Xi said to Putin recently, ‘changes are coming, not seen for 100 years.’

Buckle up.

I honestly find it funny that people still consider Putin as a politician/war strategist and president of the Russian Federation.Not longer than yesterday he doubled the boarders with NATO as Finland officially joined the Western Alliance while he claimed as the objective of the "special military operation" is less NATO on Russian borders.I think yesterday all the world saw this failing miserably.Xi from China is no different than him but of course much smarter as Xi has not made his country an isolated one full of sanctions like Putin did,but these two are failed politicians in my view.

As for US bullying other countries I find it difficult for some people to say US is bullying other countries while Russia is committing horrific war crimes every day and all the world has seen,things which have led to a arrest warrant for Putin,so dollar is still going strong despite being down now for different reasons and calling it a shitcoin or hoping for a new alpha has no meaning at all.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
Nothing lasts forever, the US has bullied & pillaged other nations for their oil, gold & minerals for a very lokg tike under the dark cloak of the petrodollar. Maybe it’s time for a new alpha in town. Those in power have mismanaged the worlds reserve currency for an age.

President Xi said to Putin recently, ‘changes are coming, not seen for 100 years.’

Buckle up.
legendary
Activity: 1680
Merit: 1853
#SWGT CERTIK Audited

Considering such development and seeing USD getting hammered in international market. It is now the right time to announce that USD can now be officially called as shit coin.

Can we call USD a shitcoin from now on?
 
Personally, I call it dirty currency from a long time ago!!!

The United States had to know that its policy of dominating the world through force and through the dollar would fail one day. They are now reaping the result of their policy now, this policy that has generated hatred among many peoples.

Not only the Kingdom of Saudi Arabia, but there are many countries that are now seriously considering abandoning the dollar. Even here in the field of crypto, they are starting to think about using a fiat currency other than the dollar.
member
Activity: 812
Merit: 13
Crypto bookmaker and casino
Everybody with there own opinion. I know many of us may see the usd as a shit coin because of the atrocities the country had committed but it will be too early for us to see the usd as something else. This change might take a lot of time for it to come through but I still see it as too early for the dumping of the USD.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
It's still in the process and we can call it for now as in the 'papers'. Meaning that they've got an agreement but it's not yet happening until it does.  I remember that I watched a video recently explaining how this has come into reality it has been there for several years ago and it's just waiting to happen. So, with all of these agreements and papers works, they've come all united to have some considerations on what they are up to and that's to detach from the pair of using USD with their trades. Yes, the Chinese Yuan will be their main currency of trade and that's why it's looking to be a threat to the US economy especially if other countries rich in oil will join this global treaty. We will wait and let's see how things going to work for BRICS and the USA.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
It is too soon to call the USD a shitcoin or even consider its position as globally accepted currency to be displaced by the Chinese Yuan or other alternatives.

Those news are rather new and the Yuan, even though is doing avances, it is yet to see whether this will impact significantly the USD, or not, for now all these things are just plans or models to be implemented. It would be also naive to believe the United States will remain still as China expands her influence in the middle east, Africa and Latin America, specially if the next president of the United States ends up being a Republican willing to challenge Chinese dominance.
legendary
Activity: 3766
Merit: 1368
For the moment, any of the USD shitcoins that you don't want, please send them my way.

Cool
copper member
Activity: 1330
Merit: 899
🖤😏
Sanctioning other nations signaled this inevitability. Now it is safe to call it a shitfiat.😉 
sr. member
Activity: 756
Merit: 390
The war against USD dominance!

Let's look into the current situation. If you are someone who needs to know in detail. Please use the keyword Dedollarisation on Google and you will find many articles on this issue. Some of those articles might date back to 3 or 10 years. Getting back to what has happened this month.

  • One of the biggest allies of the USA in the middle east is Saudi Arabia. They are in the process to dit h USD and accept Yuan. This transaction will happen as of now with China.
  • China has already convinced France with an LNG trade using Yuan. I am sure the USA never expected such a transaction to happen.
  • The country with whom the USA is fighting a proxy war has already or is in the process to agree to trade in Yuan.
  • Brazil has already agreed in using Yuan for trade with China.
  • BRICS countries have already announced that they are in the process of developing a new currency for trading. I am hoping it will be Yuan]

Considering such development and seeing USD getting hammered in the international market. It is now the right time to announce that USD can now be officially called a shit coin.

Can we call USD a shitcoin from now on?

Edit 1: Japan is will purchase oil from Russia. Do you think they will ditch USD for purchase or they will use their Yen? What do you think?
Edit 2: Now the statement from French President might become the nail in the coffin for USD.
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