Are US Dollar’s days numbered, what might replace it?

History is a valuable teacher.

The Silk road was created to help Chinese Westward expansion in Han Dynasty, 206BC, a 4,000-mile route through central Asian from China to Europe facilitating trade.

China is about to launch its own Central Bank Digital Currency will it gain international adoption by forcing users of its New Silk Road “The  Belt and Road initiative “to use the roads, airports harbours and bridges the Chinese have built it as people and cargo pass through 60 countries?

Global Reserve currencies tend to last for 95 years currently US $ in the past, British £, French Franc, Dutch Guilder, Spanish Peseta then Portuguese Escudo.

As we see, what is the inevitable, decline of the $ instead of it being replaced by the Indian Rupee or The Chinese renminbi.

Will we to see the launch of a series of corporate Digital Currencies as people’s focus shifts from saving lives including their own to the economic devastation caused by Covid-19 and what some people are describing governments fiscally irresponsible/ ‘free and easy actions’ i.e. giving money away – printing money to stimulate their economies leading to a series of corporate currencies/payment alternatives such as the $ Amazon coin Facebook coin, Microsoft Token, Google coin, etc

Or could we see a Digital Currency backed by a basket of real assets i.e. equities, bonds, property and commodities and so not be reliant to the political and vested interests of one country?

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