Comments by "Matthew Nirenberg" (@matthewnirenberg) on "Will China Kill the Dollar? (De-Dollarization Has Begun)" video.

  1. Most empires are gone after 125yrs max.
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  2. Highly unlikely, BRICS isn't anywhere near united or ready to do any such thing. The reality is that as China aren't making their currency the 'Global Reserve' as they don't want the headaches that come with doing so, so that leaves only the Euro. Given that 32 countries (and 14 territories) already use it (some do so without permission) and many more who'll happily use it, the Euro will very likely be the new Global Reserve Currency by 2030 assuming the EU doesn't fall apart before then. Also, the BRICS system has too little adoption and no where near enough reserves backing it as is required by their own rules. As more people reject CBDC's, the viability of a new system such as the one BRICS is using just isn't going to succeed. The more tyranny is pushed by the likes of the WEF, the more people revert to cash, bullion and other tangibles, as they don't want digital ID or CBDC's; people want real freedom and autonomy.
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  3. @Moonuuu Yet India is failing rapidly. Basically everyone who is educated and has the money to leave, is leaving. Communism and far-left policies combined with corruption and lack of resources and infrastructure make India literally not worth doing business in, even for locals. As India slowly modernizes their population will drop as always happens when societies modernize. The problem is that until they become capitalist, open up their economy and stamp out corruption, business will NEVER flourish. To give an example of the mindset of the average poor people in India, the beggers will literally get abusive if you give them a few Rupees instead of a 100 Rupees in one go - they fail to understand that a few Rupees from a bunch of people quickly becomes a lot of Rupees, so they get given none by most people. That's all according to my Indian colleague who left for these reasons.
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  4. You're truly deluded - the Euro is taking over from the USD and the EU will determine who's allowed to buy and sell. China is literally working with the EU to get access to sell their products to the world as the EU is in control of the "new silk road".
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  5. The USD is being replaced with the Euro as the global reserve currency.
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  6.  @NUCLEARARMAMENT  Yeah, and then you get jailed for financial crimes, fraud and whatever else the SEC come after you for. You can't just "do whatever" when you have a business. Oh yeah, once convicted, good luck ever traveling anywhere - in the last 5yrs, more countries ban anyone from even visiting if they have ANY offence on their record, no matter how minor.
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  7. Can't tokenize gold as that violates the entire system. The commodity backing the system must remain separate from the system. Also, the "elites" are going to keep the gold free to trade amongst themselves, if it were tokenized it'd be 100% impossible to trade between themselves as the gold is required to be physically possessed. Only the dumb masses accept paper certs that pretend they own something. Also, DLT is NEVER going to take off as we're already at the point where datacentres are at their limits and need to be shutdown, especially if the so-called "sustainability" is to be followed.
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