You guys really don't get the whole deal with the dollar and the USA. Simply put, the USA and the dollar act like an exchange market, while the whole world resembles a real-life OTC scenario filled with ups and downs, events, crises, you name it. This is where the profits come from the volatility and market movements.
In other words, USD and the USA function as the hub for all markets and assets, while the rest of the world represents actual events and fluctuating situations.
Basically, the USA and the dollar serve as a market-neutral zone. The futures, options, derivatives, banking, money transactions are all just virtual reflections of what’s happening in the real world, including wars and conflicts.
So, the USA isn't just a country; it’s more like a virtual exchange where profits and markets operate based on real-life happenings.
Trump, for example, is just a big CEO of this market exchange. People in the USA are living under business and commercial regulations, making the USA a massive business rather than a traditional nation.
No one not China, not Russia or anyone else can really attack the USA or the dollar. They all trade and exchange their riches using USD on platforms like Wall Street, NYSE, and CME.
The rest of the world operates under different circumstances that don’t rely on these commercial laws.
So honestly, you can't destroy or replace the USA or the dollar. The USA is a neutral ground, with countries, currencies coming and going, but the USA and the dollar remain constant. Smart investors choose to keep their wealth in the USA because it’s simply the safest bet.
USA is more like the mafia and USD is more like the baseball bat that their goons use to break your kneecaps if you refuse to pay them their ransom money. Just like mafia they've gone extinct too because criminals never last; which is apparent from the way the world continues dumping the dollar
Do you think the Dollar is impossible to attack?
You're reading the ques kinda wrong here. The next international attack on the USA won't be by naval ships or air, it will be through trade.
Trump played this card and is currently losing. Russia, China and India are together gathering any country with an economy outside of the "west" on their side.
Russia found ways to evade sanctions. The world needs oil anyway. Now they simply export all their stuff from Kazakhstan which is not under sanctions.
It's all a silly game. China and India won't care to fulfill US and EU sanctions against Russia. Russia and India won't care to implement tariffs against each other. Soon the US will be bypassed by them in trade. They'll produce what each other needs and trade among eachother.
Consider something simple: Does the US have a trade deficit still? Yes.
Was it fixed immediately with sanctions? No.
The US for long had swapped its production capabilities for exporting factories to cheap labour.
No matter how much Trump tries to fight this, he's still a capitalist and will bow to corporate interests. So expect no change in that regard.
The US dollar has already been weakened. It can only keep doing so if these things continue as is.
The US debt, reduced production capabilities, lagging in technology and worsening position in international trade will be huge pressure points in the future.
Now the US has a choice to either shrink its military apparatus or risk an unsustainable debt in the future.
This choice will have to be made soon. The Chinese Communist Party government is now the biggest holder of US debt. The US no longer has much negotiating power over its own debt. When it comes time to make decisions it will be too late.
US imperialism is getting replaced on the world stage at a rapid pace.
You're forgetting that there were great empires and world powers that had existed before the USA came into the world power picture. Everything is in the sense of time and when it actually gets to that time when the USA and it's dollar would give way to another emerging power. You're not just on the neutral side to accept this natural fact that change is inevitable in this case.
No, smart people don't hold their money in fiat, they hold it in assets with hedge against inflation which the USA dollar isn't. Assets like bitcoin, hold perhaps silver and other precious metals with value.
You gave all that explanation when it is covered in two words: reserve currency.
People have understood this concept for decades, centuries even, but it appears to be you that has just caught up to this fact. However there is plenty of what you said which is not true or changing over time. For example China in it's rise was buying lots of US debt because it was a reliable investment and gave China's economy some external validatio. However China is reversing that trend right now and buying lots of gold, along with diversifying into other currencies because the current US leader is incredibly unpredictable and unreliable, his words mean nothing. Russia is an economic basketcase right now, after they decided to invade Ukraine, so their opinion doesn't mean a whole lot because their economy is in tatters. But one thing is true, that nothing stays the same and the world is moving away from US dollar hegemony, especially because of Trump who does not understand the soft power that many previous policies gave them.
You correctly explained the mechanism but omitted the actors. Furthermore, if you assume the US+USD is a neutral and automatic machine, you are deeply mistaken. No giant economic system is neutral without the design of power, so the right question is who controls that market machine? The US is not the main actor; it is merely the host. The owners and controllers of the system are a network of global investment banks, systemic financial institutions, giant hedge funds, derivatives market owners, and the architects of the global debt system (the 3% community at the top of the pyramid).
The USD persists not because of neutrality but because it was structurally enforced after World War II through Bretton Woods, the petrodollar, the IMF, the World Bank, and the USD-based derivatives market. Many use the dollar not because it is fair but because there is no other option without high costs. Everyone understands that the dollar won't collapse tomorrow; what is certain and what many want to see is a gradual erosion of the dollar's monopoly. There's no need to attack the US, just attack its structure. What's already happening is a partial dedollarization, non-USD bilateral trade, gold and alternative settlements, and non-SWIFT payment rails.
Trump is a symbol of political limitations in the US, not a major exchange CEO. In fact, Trump's policies are often opposed by Wall Street, the Fed doesn't obey the president, and bailouts are determined by technocrats, not politicians. This is clear evidence that US politics is subordinated to the financial structure, not the other way around. The President is a temporary operator, not a controller of the system. The core role of the non-state global elite is to create a stable system for their own wealth, at the risk of diverting it to the outside world (safe but not profitable). The US is safe for large capital owners, global institutions, and transnational elites, but not safe for workers, developing countries, and the real economy.
The world is not stupid, but it has become trapped in the system. If it cuts off too quickly, it will destroy national currencies, trigger domestic crises, and invite sanctions. Therefore, the most rational choice is to undermine the system/structure from the edges, rather than attacking it directly. The power lies not with the American people, let alone the president; the US government itself has no control. The beneficiaries are a non-state global elite that uses the US and the dollar as an infrastructure for financial power. The US is strong not because it is neutral, but because it is the best home for global financial power. History shows that no system collapses because of external attacks, but because its internal incentives begin to crack.
Tell this tale to the Russian oligarchs who had their yachts confiscated. Trust in the dollar has already been destroyed forever. It's a toxic asset.
Conversely. The United States owes the world a debt.
Not everyone went to such bad schools.
Lol. Neutrality that can freeze assets isn't neutral. Ask isolated Iran if the U.S/dollar is neutral(1); ask Russia, which has lost a significant amount of its foreign exchange reserves(2); ask China, which is desperately trying to create CIPS and bilateral settlements(3); ask BRICS why that organization was formed.
And you argue on the Bitcoin forum, as far as I've explored, there's never been a suggestion from smart people that storing wealth in fiat is the first option, even in USD.
1) https://www.state.gov/iran-sanctions
2) https://caspianpost.com/economics/russia-s-international-reserves-decline-due-to-negative-revaluation
3) https://www.lawfaremedia.org/article/why-chinas-cips-matters-and-not-reasons-you-think#:~:text=This might not,global financial order.