Is the USD's time as the global currency coming to an end?

[Anonymous No.54561047]

> Macron urges European countries to reduce reliance on the dollar
> India recently settling international trades in local currency
> Chinese yuan currently penetrating African markets

Channers does this spell doom for the US economy?

[Anonymous No.54561093]

>>54561047
Woah there white nationalist, the Biden Economy™ is the strongest and most resilient economy the US has ever had.

[Anonymous No.54561123]

>>54561047
More than ever the US position in the world economy is secured considering no other currency comes close to it.

[Anonymous No.54561166]

No, they're just scared of the USD because it's performing best during this shit ass economic period. These are desperate measures.

[Anonymous No.54561178]

>>54561093
>is the strongest and most resilient economy the US has ever had.

Can you say that again while checking the price of a gallon a milk.

[Anonymous No.54561212]

>>54561093
They have to keep saying this while the collapse is happening

[Anonymous No.54561213]

>>54561166
>because it's performing best during this shit ass economic period.

On what basis is the USD performing best?

[Anonymous No.54561246]

>>54561213

[Anonymous No.54561333]

>>54561178
Drinking milk is a white nationalist dog whistle.

[Anonymous No.54561993]

>>54561047
The USD is stronger than most of you all think, but at the worst scenario BTC will take over and probably stables that aren't backed by USD

[Anonymous No.54562017]

>>54561123
https://youtu.be/Oijk6Ha6FmM

[Anonymous No.54562066]

americans are screwed if USD falls

[Anonymous No.54562078]

No, as much as you petty third worlders want to believe it will.

[Anonymous No.54562318]

>>54561047
Yo, chillax anon. The USD ain't going anywhere, but we gotta keep an eye on those sneaky Chinese bastards. They're always trying to copy us.

[Anonymous No.54562330]

>>54561246
Retarded. Sorry but you're retarded.

[Anonymous No.54562367]

>>54561993
USD backed stables aren't going anywhere, at least not in the next decade, so I'm quite confident in it, and that's why I'm holding it and staking it on DeFi yield protocols through a middleware like a Chad

[Anonymous No.54562368]

>>54562066
It's just more globalist propaganda, bro. The dollar is still king, and it always will be. They can't take down the greatest country on Earth!

[Anonymous No.54562384]

>>54561047
It's only a matter of time before another currency gives the USD a run and that currency might be winning that race; the USD is already devaluing in a worrisome manner. It'll be a no-brainer chad move for holders of USD(in fiat or stables) to leverage it for yields in order to stay afloat. $!00 today is worth less than what it was at the turn of the new year.

[Anonymous No.54562386]

>>54562330

Compelling retort

[Anonymous No.54562442]

>>54561993
BTC can't replace fiat currencies; y'all didn't take part in business classes where it was thought that your goals have to be SMART? Stupid dumbfags all around.

>>54562367
Smart move! But I'll also appreciate if we have Euro or other currency backed stables too so that we can leverage for yields and have proper diversification. I have USDC and DAI which I also leverage on a yield aggregator but they're both USD backed and I'll be fucked regardless if the dollar comes crashing.

[Anonymous No.54562445]

>>54561993
>The USD is stronger than most of you all think
The USD is totally toast. We should all just invest in Bitcoin and ride the crypto wave to riches. Who needs fiat currency anyway.

[Anonymous No.54562923]

>>54562318
They are one step ahead in terms of business, and I hope they bring back the high yield in DeFi staking, but anyways I'll stick with the yield aggregator that offers a measurable risk management

[Anonymous No.54562928]

[Anonymous No.54563083]

>>54561213
Fiat nah, but stables backed with fiat are doing well because we can stake them to help protect against volatility and inflation.
Also keeping stables on protocols like SpoolFi, beefyfinance, and some others can help generate passive income since the APRs on those one are quite huge

[Anonymous No.54563111]

>>54561047

>Yuan

>African countries

Are they trying to harvest losses or something? What's the play here?

[Anonymous No.54563196]

>>54561166
> USD because it's performing best during this shit ass economic period
Which was caused by the US

[Anonymous No.54563293]

>>54561047
The US only needs a change of government and they will bounce back stronger, so I'm still betting on their USD and stables which is what's accessible in my country and the fact that I can also put it to work on DeFi protocols through a smart vault, I don't want it to lose its dominance towards some BRICS fucking currency that will come with a lot of harsh regulations

[Anonymous No.54564066]

>>54562384
The interests from a savings account wouldn't level up to these price changes either; so what are you saying?

[Anonymous No.54564073]

>>54561047
No, every other western currency will collapse into the dollar decades before the dollars final demise.

[Anonymous No.54564104]

>>54562386
>retorted

[Anonymous No.54564119]

>>54562066
Nah.. the world is screwed if the dollar fails.

>>54564066
Who said anything about saving your fiat in a bank? That's a benzofag behavior. You're better off leveraging assets as stables on Defi platforms offering real yield. Stable staking has gotten a lot more rewarding than the old days.

[Anonymous No.54564143]

>>54563083
>Also keeping stables on protocols like SpoolFi
I hear these guys are diversifying into other ERC-20 tokens for their v2; that' a smart move as we seem to be approaching the end of the bear market and most of their users would be looking at diversifying away from stables.

[Anonymous No.54565202]

>>54562442
Do these yield aggregators offer a safer means of earning yields than the yield generators?

[Anonymous No.54565254]

>>54561123
Unironically this. China is not a threat in any meaningful capacity. The USD as a fiat currency is coming to an end, bit if you think the western bankers are giving up total financial hegemony you're out of your mind.

[Anonymous No.54565263]

lol nope. USA about to fiscally assrape this entire world. Checksum.

[Anonymous No.54565405]

>>54562367
Nice move, especially since you are reducing your risk with the DeFi middleware

[Anonymous No.54565408]

>>54565202
Newfag? Use the Euler hack as a case study; users who had their assets staked on 1 platform that was exposed to Euler lost 100% of their funds(at least until the return was made); on the otherhand, users who were leveraging on yield aggregators, SpoolFi for example, lost only a percentage of their assets because they were not fully exposed to just 1 platform.

[Anonymous No.54565524]

>>54562384
When things continue to get more expensive on a regular basis, I consider those who save in fiat as a dumb group of people.
I'd rather keep my money in BTC and stables that I'll stake on various yield protocols using yield aggregators like SpoolFi and Beefyfinance.

[Anonymous No.54565832]

>>54565202
They help route funds into several yield generators which reduces the risk of exposure to each of these yield generators

[Anonymous No.54565975]

>>54561047
Nothing can bring USD down .... Stop menstruating on this board

[Anonymous No.54566020]

>>54564119
Why do you all think everything should revolve around the US, if US falls today, the world will move on

[Anonymous No.54566031]

maybe the federal reserve note

[Anonymous No.54566065]

>>54561093
Sleepy Joe is the worst president to enter capitol. I wish he doesn't spill shit this coming days

[Anonymous No.54566068]

USD has no alternative. I hate the US but let's be real, i would never trust YUAN or other dictatorships' shitfiats. Maybe euro but what makes euro strong is actually US. USD has only one alternative, which is BITCOIN.

[Anonymous No.54566077]

>>54561047
they're sending everything that isnt bolted down to ukraine. they wont stop until theres nothing left

[Anonymous No.54566098]

>>54561246
obvious head and shoulders, look out below

[Anonymous No.54566130]

>>54562368
Instead of USD going down, we will see the end of time here.

[Anonymous No.54566152]

>>54564143
The V2 will be coming with RWA and LSD yields so you are right, it's one of the good platforms to keep our money

[Anonymous No.54566209]

>>54561047
There will be safe haven. We will all feel immense economic pain

[Anonymous No.54566256]

>>54561047
We have Carter 2.0 right now.
It will be morning in America again.

[Anonymous No.54566517]

>>54565832
Yield aggregators also give users to choose from as there are usually several pools with their own APYs which is proportionate to the risk appetite.

[Anonymous No.54566805]

>>54566152
Yeah and there's a lot more like vault gating, complex strategies and vault tokenisation. It's the whole package at this point.

[Anonymous No.54566878]

>>54565405
Middleware sounds like centralized. I checked it out and it is a complete Defi project.

[Anonymous No.54566890]

>>54566805
The gated volts must be added security if you ask me,

[Anonymous No.54566902]

>>54565524
Lol... Why haven't you wake up from slumber anon. Do you bank on virtual reality when you have banks surrounding your environs.

[Anonymous No.54566969]

>>54561047
Uh the stock market is up and the Zillow Zestimate is at an all time high
America is rock solid

[Anonymous No.54566987]

https://www.youtube.com/watch?v=dVteBObMuqg

[Anonymous No.54567027]

>>54566890
I think institutions would be the biggest beneficiaries of this feature; they can create vaults and restrict the access to only only members of their community either via NFTs or whitelisted wallets.

[Anonymous No.54567046]

>>54561047
Inshallah the American devils will learn what true poverty is. Only those with gold, silver, and guns will make it.

[Anonymous No.54567292]

>>54567027
The NFTs are said to be tickets for deposits I don't know if there would be a vault for that. Might keep the community together the more.

[Anonymous No.54567993]

>>54562442
Hope you're a whale yet? if not, try your last chance on spool protocol for a lifetime yield on those stables

[Anonymous No.54568040]

>>54565832
Diversification on codes is never a life. Is spool not similar to luna, FTx and other centralized shit onchain..

[Anonymous No.54568093]

>>54566152
>it's one of the good platforms to keep our money
You will deny me when the money is gone forever. Ain't trusting your piece of shits again cus I'm already decaying in money making wisdom here.

[Anonymous No.54568148]

>>54562923
Benji blowing grammar with poverty certificate. I'm never gonna keep close monitoring to all the real yield agents on space. Your life is gone if the real yield gamble fails.

[Anonymous No.54568274]

>>54568093
You don't have to trust anyone you just have to keep custody of your funds in a Defi space. That is what it is meant for. Route funds.

[Anonymous No.54568538]

>>54568148
You go for what you like. Your interest is your concern.

[Anonymous No.54569253]

>>54564143
That will boost yield farming in general. Since risk
is reduced this way through diversification, it won't be bad to try IMO

[Anonymous No.54569297]

>>54562928
> BRICS
"Chinese Renminbi 12.28"
-- https://www.imf.org/en/About/Factsheets/Sheets/2023/special-drawing-rights-sdr

[Anonymous No.54569455]

>>54561123
Yes exactly. If they don't like it they can defend themselves and their global shipping. All the Euro/BRIC "we wuz supapowers" shit is tiresome. Dumb fucks have to do some pussy ass bureaucratic shit to try to dethrone the US instead of...INNOVATING.