Max Keiser Believes Bitcoin Will Become Next Reserve Currency

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USD has been the reserve currency for banks and global markets for many years now, this is primarily thanks to the US economy having a monopoly over the world. There are some market analysts that believe USD’s time in the spotlight is about to come to an end with speculation of cryptocurrency to take over. There are several things that could contribute to the balance of power in the spheres of geoeconomics and geopolitics which may change the way of trading goods and services on an international scale. Some of these experts are Max Keiser who is a popular broadcaster who hosts the Keiser Report which is a financial program broadcast on the media channel RT. Keiser is among those that believe 2019 as the year which could bring back the bullish trend into the market. Keiser is a believer that the world is moving in the right direction to attain a de-globalised economy. This would result in the US dollar not having as much of a grip on the global trading and financial operations. He also mentioned the world’s biggest bank payment system SWIFT, based in Belgium. Keiser believes that SWIFT is under the control of US financial institutions but with Ripple now rivalling SWIFT, things could start to change. It is the US that allegedly controls SWIFT as to which countries can use the system and which cannot. There are several countries that are busy developing their own system of financial transactions, free from US dominance since the…
Source: Max Keiser Believes Bitcoin Will Become Next Reserve Currency

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