Wednesday, June 3, 2015

A Dare of Using Dollars

Sepp Blatter was close to tears as he urged the staff to "stay strong"

According to BBC News, "Former top Fifa official Chuck Blazer has admitted that he and others on the executive committee agreed to accept bribes in connection with the choice of South Africa as 2010 World Cup hosts."

The incident can suggest corrupt officials don't dare to use dollars anymore. The corruption is explored because the Fifa officials transferred the corrupt dollars over the U.S. banks. If they don't use dollars, the FBI officials were difficult to find out the corruption's spot. Not using dollars is humorous, but it also explains why another country likes to use its currency to compete with dollars. It is clear that when a country is not clear, its currency couldn't be internationalized.

Chi Le

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