Bitcoin Bitcoin could, theoretically, shape the global world order by becoming the de facto reserve currency. In an era marked by global economic volatility and political uncertainty, the concept of a ...
Chinese leader Xi Jinping has called for the Chinese yuan to become a global reserve currency, perhaps capitalizing on the dollar’s decline over the past year. Over the weekend, the ruling Communist ...
Whether you want a strong U.S. dollar or a weaker U.S. dollar depends on where you stand. If you run a company that sells overseas, a weaker dollar helps you, because it makes your products cheaper ...
One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...
The BRICS nations, originally composed of Brazil, Russia, India, China and South Africa, are looking to establish a new reserve currency backed by a basket of their respective currencies. Central to ...
I argue Bitcoin is more likely to mature as a global reserve asset than a global currency, due to its deflationary nature and users holding rather than spending it. On-chain data shows declining ...
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