By Matthew Hayward Have you ever wondered why people interested in cryptocurrencies talk about it as if we don't already have digital currency with the US dollar? There is actually a stark contrast between Bitcoin and the US dollar, which exemplifies different economic ideologies. The US dollar, as a fiat currency, is valued based on trust in the stability of the government. This system's inherent flexibility often triggers inflation, causing the money supply to swell and dilute the value of each dollar, which in turn reduces purchasing power and drives up prices. Inflation erodes savings, progressively reducing the purchasing power of each dollar for goods and services. In contrast, Bitcoin, established on the unalterable foundation of blockchain technology, offers a digital alternative. Its inherent scarcity and controlled release mechanism ensure that its value is likely to ascend as demand increases. Unlike the dollar, which depreciates due to inflation, Bitcoin is designed...

By Matthew Hayward  In recent years, the global economic landscape has seen a significant shift as countries look beyond traditional alliances and forge new partnerships. These partnerships have had far-reaching implications, with some suggesting that they could signal the beginning of a new world order. One such partnership that has caught the attention of many is the recent collaboration between China and France. According to reports, companies from both countries have completed the first cross-border yuan settlement of an LNG trade. This move is significant because it signifies the growing importance of China's currency, the yuan, in global trade. Another significant development in the world of international trade is the recent agreement between Brazil and China to ditch the US dollar in their trade deals. This agreement marks a major shift from the US dollar as the dominant currency in global trade. These developments are not limited to China and its partners. Saudi Arabia and ...