My apologies if this has already been posted. I found an article on Forbes about how cryptocurrencies could push the dollar from the world reserve currency. It goes on to note that blockchain technology "threaten to disrupt this foundation by decentralizing the operation of the financial system outside sovereign states’ control."
We know that some countries, like Russia, already want the dollar removed as the world reserve currency and now there is a viable option to do so. I would recommend this read to everyone:
Forbes Article Here
So for me, this is just a reminder of the vulnerability of the dollar and why being exposed to cryptos and precious metals is important. Of course, this isn't investment advise but just how I see how this could play out of over the next few years.
Cryptos will be a fiat alternative. This possibility is highly likely.
Agreed. Thanks for sharing.
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