“Some others have pointed out that no other currency is ready to take on the dollar’s role; this is true, but irrelevant. When the British pound lost a similar role in the early years of the Great Depression, no other currency was ready to take on its role either. It wasn’t until 1970 or so that the US dollar finished settling into place as the currency of global trade.”
So 40 years until #bitcoin is the global reserve currency…
https://unherd.com/2023/04/americas-empire-is-bankrupt/
CptnAestor / Cptn Aestor ⚡️
npub1ah…9l0fv
2023-04-23 11:06:50
Author Public Key
npub1ahymqa3lswhyuyln7suw8a2kj407eynw4n8uc9cct4gjduxugjasw9l0fvPublished at
2023-04-23 11:06:50Event JSON
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"pubkey": "edc9b0763f83ae4e13f3f438e3f556955fec926eaccfcc17185d5126f0dc44bb",
"created_at": 1682248010,
"kind": 1,
"tags": [
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"content": "“Some others have pointed out that no other currency is ready to take on the dollar’s role; this is true, but irrelevant. When the British pound lost a similar role in the early years of the Great Depression, no other currency was ready to take on its role either. It wasn’t until 1970 or so that the US dollar finished settling into place as the currency of global trade.”\n\nSo 40 years until #bitcoin is the global reserve currency…\n\nhttps://unherd.com/2023/04/americas-empire-is-bankrupt/",
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}