I support this motion. This is what other countries that have been having transactions with America suppose to be doing. With this motion, over dominance of dollars over other currencies would be checked. This would also increase the value of local currency traded against dollar's.
China Saudi Partnership against Dollar
- Thread starter Yugocean
- Start date
It will not totally affect some African countries. It is not about taking this is an opportunity to import things at a cheaper price.
United States want destabilize Russia and have access to oil in Donbass. You don't understand the matrix. United States never go where they will lose as far as world politics is concerned
It would surely affect African countries because African depend on importation or the supply of most products. And these products are priced with the dollar.
I think many countries in Africa and other continent will quickly adapt if such becomes a reality. But in my own opinion I don't really see that happening.
It will be very difficult to win the war against the dollar because it has become so powerful.
You don't know any alliance that has the Russia and China with the United States being the common foe would be pushed so hard to make it a reality.
It is actually the reason why dollar is called cash money because of its purchasing power around the world internationally and I believe that other currencies are trying to work against it especially Russia and their currency.
Yeah, I have been hearing a lot of things about this. I also read a news yesterday that India wants to boycott the use of dollar for international transactions.
I wholly support this move. It is high time the dollar is demystified. We should break the monopoly so that countries have options of currencies they choose to do international business with.
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This is nothing but a plot to install China as he world power. When once they can get up to 10 countries to form this alliance, they would surely become world power.
Almost all the countries are planning to ensure that dollar does not get too many strength against their currencies.
Well, in some cases I see this as beneficial to bitcoin because when fear has been created against the dollar so many people will move their money into Bitcoin. This is because they want to prevent depreciation.
If the value of dollar drops, the alternative might be cryptocurrency but is it really a viable alternative? I don't actually think so.
cryptocurrency is an alternative but it is not reliable in my own opinion because of its volatility. But many people will store their money in Bitcoin.
If the issue is volatility, you can hold your cryptocurrency in stable coins. I personally hold my cryptocurrency in USDT.
The government of my country is already making life miserable for the citizen and another issue that is going on in another country still going to affect the lives of the people here.
Lol, it seems you don't know that the value of the dollar and USDT are the same. Anything that affects the dollar effects usdt and other stablecoins.
