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RE: Ray Dalio's Principles For Dealing With The Changing World Order

in LeoFinance3 years ago

This is a very informative post.

I agree with you...

Talking about the changing world order without talking about a disruptive technology such as Bitcoin is to omit the most critical aspect of the changing world order.

I personally do not see Bitcoin becoming a global reserve currency for the sole reason that it is unstable...

Bitcoin has experienced extreme fluctuations in value and that puts a lot of merchandise tied to it at risk...

World reserve Currencies being tied to the supremacy of a state is the past... And while it would certainly be the case that a lot of history is repeated, disruptive technologies make it impossible to completely repeat history.