Fiat Is Cursed
How the Us Dollar Gained Supremacy Over Other Currency
Can Bitcoin Replace Us Dollar?
The United States bonds are in danger. Bonds are also partially responsible for the terrible state of many banks in the United States.
When the country does not want to print money, it issues bonds. Investors are encouraged to purchase bonds, which pay a fixed interest rate if held for a specified period of time. Bonds are a sort of fund-raising tool used by the government.
In the last three months, the CDS rate on a one-year government bond has ranged from 16 to 74. When an investor goes to insure a bond investment, the CDS rises. In such a case, the probability of default increases.
How
A lot of bad news is coming out of the American banking system. How did such a powerful country get to this point, but first, let’s look at how the US acquired its currency strength. We’ll also discuss how bitcoin will benefit from all of this.
World War I
When World War I broke out, the United States was neutral. When the military forces were fighting face to face in the war, the US provided them weapons, as we have seen in the war between Russia and Ukraine. The US supported Ukraine by giving it weapons to…
