Bitcoin Blowback Dollar Hegemony – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
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Abstract The United States dollar dominates world commerce. In 2019, it made up 88% of global trade, and no other currencies came close. This dominance gave the United States power over any other country that exports anything from anywhere. For example, due to the mechanics of the petrodollar, oil is settled in dollars regardless of [...]
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