21Shares Co-founder Ophelia Snyder on how a reorganization of world trade away from the dollar could favor Bitcoin
Ophelia sees a rotation away from the dollar in reserve assets, reflected in central banks stockpiling gold, with roughly 75% planning to reduce dollar exposure per the World Gold Council. That shift reopens a basic question, what makes a reserve asset in the first place? Much of the dollar’s role traces back to the petrodollar, and during the Iran conflict the idea of using Bitcoin to pay for oil has surfaced more than once. Between rising gold holdings, softening treasury demand, and the move off the dollar, she sees strong positioning for Bitcoin as world trade reorganizes.
#Bitcoin #Gold #Crypto #Macro #Dollar
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