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I wonder how much countries with huge USD reserves would

really like the dollar to collapse in prominence, & value? Suspect it would take a generation for those reserves to shift over organically to another asset (e.g. a different currency, gold, btc etc)

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That depend on the alternatives they've. Tha last to shift will lose more than the first.

el clip clip
That depend on the alternatives they've. Tha last ...

In an example of the broader shift in the composition of foreign exchange reserves, the Bank of Israel recently unveiled a new strategy for its more than $200 billion of reserves. Beginning this year, it will reduce the share of US dollars and increase the portfolio’s allocations to the Australian dollar, Canadian dollar, Chinese renminbi and Japanese yen.

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