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@ 93d0dcc7:9c1e13f6
2025-05-12 10:19:08
Yes, the military aspect really plays a key role in determining the strength of a currency. Countries with strong militaries can force and coerce other nations to use their currency. This is why the USD still holds the dominant position globally. The U.S. relies not only on its large economy but also on its global military presence, which gives it overwhelming influence in pushing nations to trade in USD.
This also reflects the shift in the game with the advent of Bitcoin – a decentralized currency not controlled by any nation or military force. But in the current context, military power remains a determining factor, at least in international transactions.
What’s your view on the impact of military power in the financial strategies of nations?