Transforming Currency: From Dollar to Bitcoin in a Changing Financial Landscape

On today's Long Read Sunday, NLW explores Hugh Hendry's provocative essay "Sovereignty 3.0," examining how rising Treasury yields signal the collapse of traditional financial structures and the emergence of Bitcoin and stablecoins as new forms of sovereign power. Is the dollar becoming a weapon, and can Bitcoin actually replace it as global collateral?

Source: https://x.com/hendry_hugh/status/1929917531159920951

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