Due to high acquisition cost, a number of countries are now against the US dollar. So the question is, what happens if the US dollar is abolished as a global reserve currency? Would this spell horror to the crypto world?
Let's explore the possibilities together🤔.
If US falls as the world leader in both economic and military wise, then the whole world would soon reject the green back as the world wide currency for trade and business.
This may sound funny at the moment, but open your eyes guys. A lot of huge and powerful countries are now vocally standing against the US. A lot are no longer using the green back for international trades. So I say, the fall of the US Dollar is a highly possible scenario.
The rich knows that, hence instead of keeping the dollar, they keep BTC, ETH, and other CRYPTOS. You know if the dollar falls, inflation would devour the person holding it. Basic commodities, along with other goods and services will increase. The average US population isn't aware of the risk yet, but once they do, they'll scramble and convert their dollar savings into crypto. In that case, green candles will tower high, and a lot will be buying at the top.
So if you understand what I'm talking about, the best time to buy crypto is now. Maximize your gains by stacking safe, low cap, and deflationary tokens that can possibly go x1000 like PITBULL.
By the way, PIT is in line to become the next binance newbie. It is nominated in binance futures next. You can vote for it. If it wins, binance will double the USDT you used to vote. If it doest you will get your money back. It's risk free😁, all you have to do is pick the right coin, choose PITBULL.
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