Reserve currency, Pound sterling, Dollar, United States dollar, Foreign exchange reserves, Currency

DoubleLine: Digital Currencies Will End The Dollar's Status As The World's Reserve Currency

On Oct 29, 2020
@bitcoinagile shared
DoubleLine: Digital Currencies Will End The Dollars Status As The Worlds Reserve Currency https://t.co/cEHWPqWPiw https://t.co/RdmhDzZ3ik
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Central banks and the BIS envision a network of multiple cross-border payment systems featuring direct bilateral exchanges in the world’s different currencies. Such a regime would discard the decades-long mediation through the world’s reserve currency, the U.S. dollar.

www.zerohedge.com
On Oct 29, 2020
@bitcoinagile shared
DoubleLine: Digital Currencies Will End The Dollars Status As The Worlds Reserve Currency https://t.co/cEHWPqWPiw https://t.co/RdmhDzZ3ik
Open

DoubleLine: Digital Currencies Will End The Dollar's Status As The World's Reserve Currency

DoubleLine: Digital Currencies Will End The Dollar's Status As The World's Reserve Currency

Central banks and the BIS envision a network of multiple cross-border payment systems featuring direct bilateral exchanges in the world’s different currencies. Such a regime would discard ...

Stablecoin News for the week ending Wednesday 14th October.

Stablecoin News for the week ending Wednesday 14th October.

Who will be first, which will be best? Here is our pick of the 3 most important Stablecoin news stories during the week. A friend asked me this week to answer this simple question.  ...

The Dollar: The World’s Currency

The Dollar: The World’s Currency

The dollar’s role as the primary reserve currency for the global economy allows the United States to borrow money more easily and impose painful financial sanctions. But some experts say ...

Click here to read the article

Click here to read the article

Previous studies found that the dyadic covariates typically used in gravity models, such as common border, common language, common colonial relationship and geographic distance, influence ...

Ousting the Greenback: USD Still King as BTC and CBDCs Mount Challenge

Ousting the Greenback: USD Still King as BTC and CBDCs Mount Challenge

The advent of digital money will threaten the U.S. dollar’s global dominance, but it won’t be easy to dethrone the current global reserve currency

Why Mark Carney Thinks The Dollar Can No Longer Be The World's Reserve Currency

Why Mark Carney Thinks The Dollar Can No Longer Be The World's Reserve Currency

Everything the alternative media has warned about for years; all the outcomes other people have called "conspiracy theory", will soon be treated as "common knowledge"... 

Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

Bitcoin Unlikely to Replace US Dollar as Global Reserve: Marc Chandler

"Backing the dollar is the world's biggest, deepest and the most transparent government bond market," said Marc Chandler, chief market strategist at Bannockburn Global Forex and author of ...

The Great Financial Reset

The Great Financial Reset

The International Monetary Fund’s (IMF) managing director Kristalina Georgieva is calling for a “new Bretton Woods moment.”

Bitcoin Won’t Be a Global Reserve Currency. But It’s Opening the Box

Bitcoin Won’t Be a Global Reserve Currency. But It’s Opening the Box

Bitcoin will not become a global reserve currency, argues Noelle Acheson. But it is adding a powerful tool to the box of potential solutions.

How central bank digital currencies will take over the world

How central bank digital currencies will take over the world

First central banks ignored cryptocurrencies, then they mocked them, next they fought them and now they are building their own; before long central bank digital currencies will be in use, ...

The Coming Currency War: Digital Money vs. the Dollar

The Coming Currency War: Digital Money vs. the Dollar

Central banks are getting closer to issuing their own digital currencies. If they do, the dollar might finally face real competition as the world’s dominant currency.

Facebook’s Libra global cryptocurrency, how will China react?

Facebook’s Libra global cryptocurrency, how will China react?

Expected launch next year raises new questions for China, analysts say.

Why Chris Giancarlo Considers A Digital Dollar Mission-Critical For The World

Why Chris Giancarlo Considers A Digital Dollar Mission-Critical For The World

...Giancarlo believes the digital dollar is bigger than any one issue and is about who owns the future, the Digital Dollar Project is neutral on monetary policy, and President Theodore ...

The current landscape of central bank digital currencies

The current landscape of central bank digital currencies

Chen Ye and Kevin Desouza describe how central banks around the world are planning for and implementing digital currencies within their countries.

our first report aimed at institutional investors

our first report aimed at institutional investors

The other member nations would peg their currencies to the U.S. dollar, and the resulting relative stability between denominations would smooth world trade and boost the post-war ...

If money could buy happiness: The determinants of utility of international currencies

If money could buy happiness: The determinants of utility of international currencies

Given the US dollar’s historical prominence in international currency systems, it can be argued that a large part of its present-day importance is due to inertia. This column analyses the ...