Yakovenko: There is very little crypto demand for euro stablecoins
“No, I mean, we've seen very little demand for even just euros. Like it's just been a slog trying to get anyone to want them.”
Freise: The Euro is currently the only credible alternative to the US dollar
“Right now, the only credible alternative is the Euro, and we in Europe, we need to get our act together.”
Freise: Bitcoin and the Euro will gain share in a multi-currency reserve system
“I think Bitcoin will take a larger share as will the Euro, but it's going to be more of a mix.”
Gave: Eurozone sovereign debt crisis will not flare up soon
“Europe has this Damocles sword over its head with the Euro, which pops up every three, four, five years. I don't think it pops up over the next couple years”
Ray Dalio: Gold is the world's third-largest reserve currency
“Gold is the third largest reserve currency, by the way. Dollars euros, gold, and then yen.”
Sikri: There are currently no viable alternatives to the US dollar
“There are no alternatives really to the dollar. The dollar market is the biggest in the world. The euro, the pound sterling, the yen, these are there, but because the size of the economy, the size of the capital markets does not match that of the US dollar. An…”
Textron Pension Holds 5% Levered Long US Dollar Position
“A really easy place to fall back that we have consistently is we just remain overweight U.S. Dollar. We have a standing long dollar with a short versus yen, Aussie, and Euro, and it's a positive carry. We do it unfunded, so it's levered. It's a five percent po…”
Dollar-euro parity and VAT refunds created a 35% luxury arbitrage opportunity
“Cause the dollar and the Euro like got to parody and the luxury stores hadn't changed the prices.
So basically like things were always typically priced higher in dollars than in euros.
or whatever.
So I might get that backwards, but like you, the Louis Vuitto…”
Garg: Bitcoin could become a central bank reserve larger than the yuan
“Could Bitcoin actually be a Reserve currency that central banks are purchasing that could be bigger than the yuan or the euro in central banks. I don't think that's crazy, actually.”
Western sanctions will not trigger massive inflows into the Chinese renminbi
“So I don't think there's any immediate Re-appraisal of the REM NIMBY as a global reserve asset, and we start to see colossal flows into it, or should I say accelerated inflows out of dollars and euros into REM NIMBY. I'm not convinced.”
Papic: Germany Bailed Out Greece to Prevent a Crippling Deutschmark Appreciation
“Say Germany during the Euro area crisis, highly expert reliant economy. If they had abandoned the Euro, the Deutschmark two point O would have appreciated 20, 3040, 50, 60%, and then bye-bye Germany. So hell yes, they're going to pay for Greek debt, like high …”
Papic: Bullish on the euro and gold amid dollar weakness
“I am bullish the euro. I think that if you are bearish on the dollar for the next decade, you gotta be bullish on something. There's obviously gold, which I would be bullish on, but I think the euro is interesting.”
Tepper: Single Currency and Monetary Policy Cannot Work for Europe
“And I thought the Euro was an incredibly stupid idea because, you know, I was looking at the correlation of employment shocks with Netherlands and Germany and Spain and Germany, and the sort of core periphery issues quite were already evident then, and it was …”
Katie Haun predicts cryptocurrency will not replace major fiat currencies
“I don't think, though, to answer your question, that it's going to replace all of the other currencies. I'm not saying that, oh, it's going to replace the dollar and replace the euro. I actually don't believe that, ah, is likely to happen.”