by COINS NEWS - 11 months ago
Venezuela's President Maduro Declares Inevitable Shift Away From US Dollar in De-Dollarization Push: Gold Backed Digital Currency as a Possible Alternative
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by COINS NEWS - 11 months ago
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Bitcoin News / Bitcoin.com - 11 months ago
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path of...
Bitcoin News / Bitcoin.com - 11 months ago
Brazilian President Luiz Inacio ‘Lula’ da Silva has announced that state oil company Petrobras will not be using US dollar-based international prices to set its internal fuel pricing structure. The “Brazilianization” of the in...
Bitcoin News / Google News Bitcoin - 11 months ago
New survey says Bitcoin is safer than the US dollar — Watch The Market Report& & Cointelegraph
Bitcoin News / Google News Bitcoin - 11 months ago
Bitcoin Price Set For $35K As It Flips US Dollar In Preferred Asset: Bloomberg& & CoinGape
Bitcoin News / Google News Bitcoin - 11 months ago
Bitcoin (BTC) Slumps as US Dollar Witnesses Strongest Week Since February Amid Upcoming Debt Ceiling Face-Off& & The Daily Hodl
Bitcoin News / Bitcoin.com - 11 months ago
A Goldman Sachs executive who also serves as the chair of a Treasury advisory committee has warned that a U.S. default poses “real risk to the U.S. dollar.” She stressed: “Anything that moves us away from being viewed as the world’s reser...
Bitcoin News / Bitcoin.com - 11 months ago
The BRICS nations are set to discuss the feasibility of a common currency at the upcoming leaders’ summit. “It’s a matter we must discuss and discuss properly,” a South African minister stressed, noting that a growing number of countries are saying:...
Bitcoin News / Bitcoin.com - 11 months ago
Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in international trade. “They don’t hav...
Bitcoin News / Bitcoin.com - 11 months ago
Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever possible. The Central Bank of Iran...
Bitcoin News / Bitcoin.com - 11 months ago
Warren Buffett, CEO of Berkshire Hathaway and one of the most renowned investors in the market, stated that he saw no viable option to become the world’s reserve currency besides the U.S. dollar. However, he warned about the dangers that printi...
Bitcoin News / Bitcoin.com - 1 year ago
International Monetary Fund (IMF) Managing Director Kristalina Georgieva expects “more vulnerabilities” in the U.S. banking sector amid a growing de-dollarization trend worldwide. “There has been a gradual shift away from the dollar...
More / Bitcoin Reddit - 1 year ago
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Cryptocoins News / The Cointelegraph - 1 year ago
Bitcoin bulls fail to get a grip despite worries over U.S. banking sector stability, with BTC price near four-day lows. Bitcoin (BTC) headed toward $28,000 support aft...
Bitcoin News / Bitcoin.com - 1 year ago
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power”...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin price threatens $28K support as pre-FOMC mood boosts US dollar& & Cointelegraph
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. “For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precarious position,” said the lawma...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Stephen Jen, a former Morgan Stanley managing director, expects a shift “from a unipolar reserve currency world to a multipolar world,” with the Chinese yuan, the euro, and the U.S. dollar forming a “tripolar” reserve currency configuratio...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating...
Bitcoin News / Bitcoin.com - 1 year ago
Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “...
by COINS NEWS - 1 year ago
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Bitcoin News / Bitcoin.com - 1 year ago
Former White House economist Joseph Sullivan has warned that a BRICS currency would erode the U.S. dollar’s dominance. If member nations use only a common BRICS currency for international trade, “they would remove an impediment that now thwarts...
Bitcoin News / Bitcoin.com - 1 year ago
Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings, Tesl...