As we hear the recent rumours that Russia's usual reserve currency, the US dollar, is to be replaced by Bitcoin, we can only assume the acquisition is both politically and financially stimulated.
Many believe it is an attempt to exhibit a move away from the reliance on the US dollar, regardless of Russia holding a record-high $462.1bn in reserve. This alternative reserve has been perceived...
The US dollar is close to peaking and the risks now seem to be on the downside.
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