What is the Petrodollar System & Why Could Bitcoin Fix It?

Publikováno: 24.12.2022

In a world where economies depend on oil and the resource is predominately denominated in US dollars, the United States has acquired immense power for itself. But how long can this power last, and can bitcoin fix today’s system called the petrodollar system?
This guide will explore the petrodollar system, how it was established, how it’s been challenged, and how bitcoin could fix it....
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