Cryptocurrency Q&A
Can BRICS dethrone the U.S. dollar?
Can BRICS dethrone the U.S. dollar?
Elena
Sun Nov 10 2024
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6 answers
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I'm wondering if the collective economic power of BRICS countries - Brazil, Russia, India, China, and South Africa - has the potential to dislodge the U.S. dollar from its current position as the global reserve currency.
6 answers
JejuSunrise
Tue Nov 12 2024
BTCC, a top cryptocurrency exchange, offers a range of services that include spot, futures, and wallet options.
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Claudio
Tue Nov 12 2024
He asserts that decades may pass before a viable alternative emerges.
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ZenBalance
Tue Nov 12 2024
Even if the BRICS nations were to create a common currency, Weafer doubts its ability to seriously challenge the dollar's dominance.
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henry_miller_astronomer
Tue Nov 12 2024
The Euro, despite being a widely used currency, has not been able to displace the dollar as the world's primary reserve currency.
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Dario
Tue Nov 12 2024
Weafer believes that we are still a long way from anything truly challenging the current dominant currency.
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