It is going to take a very long time to build a monetary product that can compete against the US dollar.
The US dollar is a product, and it's still a hot commodity no matter how many trillions they print. The entire financial world was, "bailed out," with Federal Reserve Notes when the crap hit the world's financial fan back in 2008.
What other currency in the world could do such a thing?
I've said it before and I'll say it again...
The US dollar is like a Big Mac, and they are very popular world wide. It is a product, and people really like them.
Until China, Russia, Canada, France or some other communist country invents a currency that tastes better than a Big Mac, I don't think the US dollar has anything to worry about.
When Brazil, Mexico, Greece, or Venezuela bails out the entire World financial market, let me know.
Never be afraid to ask simple questions.
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