this post was submitted on 25 Jul 2024
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[–] treadful 4 points 3 months ago

And some of critics’ worst fears have not materialized: The dollar remains the world’s top reserve currency, at least for now.

Imagine throwing this advantage away. As an American, this has no doubt been beneficial to me and I think it's dumb to just throw that away for short-sighted gains. Though maybe decentralizing the banking system a bit more would be a greater good in the long run for everyone.