13-09-2019 15:00 via newsbtc.com

Global Financial System can Adopt Bitcoin: Circle CEO

Three weeks back, the Bank of England Governor Mark Carney made an alarming comment on the global reserve currency, the US dollar. The economist said that the world’s reliance on the greenback “won’t hold” and a new global monetary and financial system backed by many more global currencies would replace it. Carney called the bundle a Synthetic Hegemonic Currency (SHC).
The comments sparked a fresh wave of discussions over the dollar’s inability to offer a cushion to
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