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> The USD will be lucky to still be the reserve currency in 5-10 years time.

if the US regime carries on at the rate it has over the last month I expect it will be gone considerably faster than this



Practically speaking I think it requires a lot of will, momentum, and process to change this. The decision even if made soon would probably take a few years to complete.

Supplementing it may be faster (eg. adding Euro and/or Yuan) than outright replacing it, but it’s not my area of expertise. The timeframe was based on some light research.


something to remember is that a good chunk of the "dollar" reserve is in reality eurodollars

the backing of which could be switched very quickly indeed


And this will inflate away the debts tokenized in CCP-held US Treasuries. 4D chess! Russia did something similar in 1998 that sank the US hedge fund Long Term Capital Management.


This stuff moves slowly, until it doesn't. I'd honestly say at least ten years for large changes.




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