maurelian
@maurelian.eth
What would a betting market on USD losing reserve currency status look like? What question would you ask?
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Connor McCormick ☀️
@nor
Couldn’t you just ask what % of global oil transactions are settled in USD? Or do you want an observable that doesn’t require fact finding?
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maurelian
@maurelian.eth
That seems like a pretty solid indicator, though likely hard to agree on a definitive data source. I suppose there are two (interlinked) considerations, use as a medium of exchange and use as a store of value. So you could look for indicators of either. For store of value, perhaps rates on T-bills would be indicative. As a medium of exchange, maybe forex volumes.
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