Would major sites like PokerStars ever stop using the dollar?

[Sam Stone]

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peaks and troughs. Happens all the time with currecies and has since currency was invented.

What you expect poker sites to do? change to euros then Sterling then Aussie Dollars then...... every time there are movements in exchange rates.

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First off, I wasn't the OP, and don't really expect the poker sites to do anything one way or the other.

However, riddle me this: What was the base currency before the dollar? How long ago was the change? My guess is post-WWII.

My understanding is that the dollar's historical strength was based on its gold-backing...which no longer exists. We have a fiat currency, which is backed only by faith in the US government. Historically, that idea has not worked out so well.

So yeah, I would expect if a worst-case scenario (hyper-inflation) were to present itself, many businesses (poker sites included) would stop using the dollar. You don't see too many folks lining up to take Weimar or Zimbabwean currency.

You say peaks and troughs - others say historic lows and no end in sight.

Just sayin' [img]/images/graemlins/smile.gif[/img]