
164. Is the world de-dollarizing? With Peter St. Onge
The Bitcoin Standard Podcast
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The European Central Bank and the Dollar
The euro is to an extent backed by the dollar itself and European countries, when they trade with the rest of the world, use extensively a lot of US dollars. I don't think anybody day to day in like the streets of Paris are going to stop accepting euros, right? They're just going to regard them as the same euros they ever were. So you know, at that point, sort of the analytical model is that algorithm essential bank model.
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