#Cryptocurrency Proves USD’s Status as Reserve Currency Is Fragile: $250 Billion Asset Manager

in #cryptocurrency • 6 years ago

The CEO of Lazard, Kenneth M. Jacobs, said that the unilateral approach of the United States towards foreign policies and trades posses a threat to the sustenance of the US dollar as the premier global reserve currency. This is a status that the greenback has upheld since overthrowing the British pounds sterling in 1945.

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Peradventure this comes to pass, it will surely represent a major disruption in the global monetary system as well as an international power redefinition. Hence, it is imminent that more attention be given to emerging technologies and cryptocurrency...Click here to know the details story

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Iyke Aru

Please visit my blog: @wilson76

#usd #bitcoin #ethereum #blockchain
6 years ago in #cryptocurrency by
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