164. Is the world de-dollarizing? With Peter St. Onge
The Bitcoin Standard Podcast
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The Importance of Saleability in Money
The dollar is unmatched in terms of its saleability. It's something that you can enter and exit the significant volume without much penalization. The Saudi Central Bank isn't going to hold rupees because they don't needRupees for anything but trade with India. And if they do get paid in rupees, they're going to sell them immediately as they want to hold something that is liquid.
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