Anyone who says the USD is collapsing and that is why you need to buy #bitcoin is just promoting a false narrative.
The USD will not lose its status if it declines. It is only when the dollar is too strong, destroying the value of other currencies that businesses and individuals seek alternatives.
That resonates so well with what my country is facing at the moment. Our currency is completely broken due to the dollar power over it. Now, our leaders are seeking alternatives.
Without a doubt.
Amazing how the dumbasses who make the claim are in the United States. They have no idea how currencies work.
The average person in a country like Nigeria, Venezuela, or Argentina understand it very well.
USD also benefits from being the world's reserve currency. When this status is gone and it becomes like GBP and EUR-- another run of the mill currency-- then USD will be in major trouble. USD isn't there yet, so USD hegemony continues.
There is a reason why the USD is the reserve currency and it isnt because it was ordained. That is what few online seem to realize.
It is so far ahead of anything else it isnt going anywhere for a while. In fact, the dollar as a measurement, is likely to never leave. There are so many ledgers out there dollar denominated that we cant even calculate it.