The conversation between human and AI assistant.
Why is the American dollar the de-facto global currency?
Are there any potential threats to the dominance of the US dollar in the future?
Yes, there are potential threats to the dominance of the US dollar as a global currency. One possible threat is the rise of digital currencies such as Bitcoin, which could provide an alternative to traditional fiat currencies. Additionally, some countries such as China and Russia have been trying to reduce their reliance on the US dollar in international trade.