The answer: they might try, but good luck with that.
The answer: they might try, but good luck with that.
It's not as simple as calling out the top energy users and saying we should start there.
Ah yes, the old trope that people use the US dollar because they are forced to.
Meanwhile, back in reality, people around the world are desperate to get their hands on USD for commerce, because it's easily transacted, accepted and valued anywhere. You know, kinda like Bitcoin purports to be, but way more common.
A currency having value abroad is arguably a side effect, not the main goal.
Dollars are not meant to be an "investment". The fact that the supply can be increased on demand is a feature, not a bug.
The same pattern repeats itself in history: those with the biggest army popularize their culture, language and coin. The Roman Empire is a good example.