China and Japan are trading in their own currencies since 2012, last year China and Russia has set up rouble-yuan payment system, China and South Korea extended the currency swap deal for a further three years, today Iran is ditching the dollar in favor of the euro for official financial reporting, and Pakistan is going to replace the dollar with yuan in trade with China by the end of the year…

When Saddam Hussein tried to sell the oil for other currency, he immediately fell out of US grace and finished as a war criminal. When Muammar al-Gaddafi tried to establish a gold-backed currency for the whole Africa, he was murdered in front of the cameras. Reducing the U.S. influence on economy by dumping the dollar becomes an existential issue. That was the primary driver for the rest of the World — nations that still value its own freedom, to start the process of liberation from the dollar tyranny. The watergates are open and the confidence in dollar is outflowing ever faster.

Duration: 1:13

How long it will last? It's hard to tell, but when the crash happens, it is usually sudden and violent, in one day. Timetable depends on many factors. For example, how fast will people accept decentralized cryptocurrencies. So, if you want to know, keep an eye on the number of Steemit users ;)