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20 sats \ 3 replies \ @Undisciplined OP 12 Jun 2024 \ parent \ on: Is the Dollar the Global Reserve Currency Because There's No Better Alternative? econ
I don’t know, but I’m expecting it to be a huge mess.
I dont know if they have a monetary system to back up all the transactions...
Will be interesting to see in the near future.
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They don’t, and they can’t agree on what kind of system to adopt or how to share control over it.
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The sharing control will be the major part.
China has 40% of it, but I think they will need to all put in more if they want it to be the international money.
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