THE DIGITAL GOLD RUSH:
How Bitcoin Became America’s Unlikely Saviour
In our fast-paced world, we often overlook the long arc of evolution. With a new administration set to take control in Washington, it’s timely to reflect on the evolution of the U.S. dollar.
The journey of the U.S. dollar as a global reserve currency is marked by economic innovation and geopolitical strategy, beginning with the introduction of greenbacks during the Civil War. This groundbreaking move financed the Union’s efforts through unbacked fiat currency, paving the way for the dollar’s central role in the global economy, which was further solidified at the 1944 Bretton Woods Conference1. English economist John Maynard Keynes voiced concerns about the dollar’s dominance at this pivotal meeting, foreshadowing challenges that would emerge in subsequent decades.
Download full article here:
January-Market-Insights-by-James-Thorne-The-Digital-Gold-Rush
