Interest rate, US Dollar, Yuan or Alternative currency

Inflation periods of rising interest rates are still the cause of the problem of fluctuating crypto prices. Talking about financial conditions has indeed caused a lot of problems, the impact of crypto is clear and the impact on other things has also become a polemic in the past few days. The market, especially crypto and stocks, is certain to be impacted by the increase in interest rates that has been raised by the FED.

The United States has indeed had a significant impact on world conditions. With the existence of the US dollar which is slowly eroding. His dominance is expected to end. Then looking at who will replace him, you might think for a moment about the superiority of the currency of China with its Yuan.

Then the question arises whether the Yuan will be able to end the dominance of the US Dollar?

Many observers see the possibility that the Yuan could finally end or have the opportunity for the dominance of the US Dollar. But it's not that easy, from the eyes of history it doesn't seem like there's enough time for that to happen. The American dollar has controlled world market conditions for decades. Meanwhile, Yuan's existence has only been around for around 20 years, but recently it has begun to show its popularity.

On the other hand, the existence of alternative currencies still needs a lot of study and introduction to the world community. As a concrete example, the presence of the digital currency Bitcoin as the mother of the existence of a currency known as cryptocurrency.

Crypto with its underground movement is starting to be known and accepted by some people in the world. However, it has not been fully accepted by most existing policies and regulations.

Currency is neither easy nor difficult when viewed from its use or as an asset of a nation. With its natural wealth converted to be used as collateral for the development of a nation.

It's truly a unique thing from something that has become a common need for people in the world today. However, it is not easy and takes time to apply it clearly. Moreover, we talk comprehensively for all sectors.

So it feels like the economy is fully creative in terms of currency. Whether value, dominance, or fixed views have now been formed on one side of the space where money can talk. And money is also a form of recognition of the exchange value received for an existing item or asset.

Nominal is only a small part of the existence of currency. However, assets never change and can actually continue to increase in value. For a moment it seems that the best alternative currency could be said to be cryptocurrency compared to conventional currency. But there is a final question that still lingers to this day. How long, when, and will the world finally admit it?

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