5min chapter

Coin Stories with Natalie Brunell cover image

Caitlin Long: The Battle with Washington D.C. Over Crypto & Bitcoin ("Then They Fight Us")

Coin Stories with Natalie Brunell

CHAPTER

Bitcoin Becomes Global Reserve Asset

80% of world transactions are done in the US dollar still. But we are seeing shifts, right parallel systems that are being built by different countries and a de-dollarization over the last few years. The offshore US dollar market was created in the 1950s during the Cold War because Russia thanks to OPEC's decision to sell us to sell oil only in US dollars. How much of that is really meaningful? "I at the moment, it's not it's not that meaningful," he says.

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