Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Jamie153 who wrote (1174976)	11/1/2019 12:24:50 PM
From: ryanaka	Read Replies (1) of 1576163

When USD loses its 'reserve currency' status, America will meet the consequence -- sovereign default. This year alone, Trump has already One Trillion Dollar budget deficit. China is working hard to replace USD with something else. Bitcoin. Russia, China and EU are not using USD for their trades. There is reason why the US Gov is so sensitive against the Blockchain. They are worrying the inevitable fate USD will face, sooner or later, whether the US gov wants it or not. When the US gov is suppressing the development of cryptocurrencies, other countries are stepping up their effort. Their motivation is two fold: Develop the technology, and ditch USD. When USD falls, the country falls. Especially with the Debt-crazy party-today-die-tomorrow Republicans.

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