Jeffrey Tucker Says Dollar Will Be Dethroned, Russian Official Speaks on De-Dollarization, and a Look at Historic Fractional Reserve Banking in Italy — Week in Review – The Weekly Bitcoin News
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Bitcoin proponents eyeing fiat failures are in no shortage of news on the topic as of late, as multiple officials, economists, authors, and analysts from around the world have been weighing in on “de-dollarization” in a prolific fashion. Author and libertarian Jeffrey Tucker said recently: “The dollar’s just not going to be king,” and Russia’s foreign minister says a flight from the U.S. dollar “is sure to accelerate.” In related news, the historic fall of Italy’s Medici bank could shed some light on movements being witnessed in the global banking sector over 600 years later. Jeffrey Tucker on De-Dollarization: USD
Bitcoin exchange-traded funds (ETFs) have been the subject of much debate recently. Supporters argue that bitcoin ETFs would make it easier for investors to get into the Bitcoin market. They believe that more institutional investors would invest in Bitcoin if it were available through ETFs, which could lead to increased…