There have been recent talks that the weaponization of the U.S. dollar could lessen its dominance as the worlds reserve currency. However, an economist believes that the greenback status faces no threat from either crypto such as Bitcoin (BTC) or from other fiat currencies such as Chinas renminbi. Western sanctions against Russia for its invasion of Ukraine hold power because they are based on restricting access to the U.S. dollar, according to Business Insider. Others warn that weaponizing the dollar could erode its global dominance, making it possible for other options such as the...
source: https://tokenpost.com/Crypto-or-the-renminbi-do-not-threaten-the-US-dollars-status-as-the-global-reserve-currency-9580
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