To see how many countries are using our currency as their reserve currency go here:
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Wiki US Dollar - who's using it
Twelve countries use our dollar as official currency. 29 others use it as unofficial currency. Granted many of them are small but nevertheless.
Add TO that the total amount of excellent forgeries by Iran and North Korea, virtually undetectable in third world countries. As long as the fake dollars abroad are assumed to be real they are usable...abroad.
Now what happens if the physical paper is withdrawn?
Point to ponder...cui bono?
“A ban on physical cash” - says the CEO of PayPal.
No conflict of interest in his opinion - sheesh...
How ‘bout HELL NO!!!!
These A**holes are masters of corruption and illegal financial transactions: it IS what they do.
This ploy is absolutely not about addressing corruption, rather, it is about fencing everyone in and forcing them to digital currency so that they can be fleeced much easier in the banking system with negative interest rates, or at least, with negative “REAL” interest rates after taking into account true rates of inflation ...
Big time scammers hard at working making it easier to steal from Americans.