The reason the dollar was chosen as a Reserve Currency back in 1944 is because it was strong and backed by gold!   That all changed on August 15, 1971, when then President Richard Nixon advised Treasury Secretary Connally to suspend the convertibility of the dollar to gold thereby ending the Gold Standard.   Since the 1944 Bretton Woods Agreement, the U.S. Dollar has been at the center of international monetary policy and trade, but its strength has been declining since August 15, 1971.   Over the years countries like Russia and China have wanted to end the dollars grip and hav ..read more

The article below was written by Muyao Shen and was posted on coindesk.com on May 17, 2021. Shen is currently a markets reporter at CoinDesk. Prior to CoinDesk, she covered the metals markets at Fastmarkets in New York City, while writing for Forbes Crypto occasionally as a contributor. She started her interests in the blockchain and crypto sector during her time as an intern at CoinDesk in 2018. She also worked in Beijing for a few international news outlets before attending the Graduate School of Journalism at Columbia University in 2017. She holds a small amount of bitcoin.   If you h ..read more

The article below was written by Peter St. Onge, an Austrian-school economist, Senior Fellow at the Montreal Economic Institute, Fellow at the Mises Institute, former Assistant Professor at Taiwan’s Feng Chia University, Department of International Trade and Department of Marketing.   Elon is either an idiot (I highly doubt this) or he is putting out F.U.D. (Fear, Uncertainty, and Doubt) hoping that there would be a sell-off of Bitcoin so that he could add to his Bitcoin holdings.   Why would the manufacturer of an electric car who should be an energy guy put out that he is giving u ..read more

The article below was written by Bailey Reutzel, who after perusing the Silk Road, Bailey Reutzel began reporting on crypto in late 2012. She is currently programming content for CoinDesk’s Consensus 2021 conference   Why Your Cryptocurrency Education Is More Important Today Than Ever?     Cryptocurrencies are here to stay and understanding why your cryptocurrency education is more important today than ever will help you navigate the crypto space more effectively.   There are terms associated with the cryptocurrency space that everyone who wants to part in the transfer of ..read more

The article below was written by Sebastian Sinclair, the market and news reporter for CoinDesk operating in the South East Asia time zone. He has experience trading in the cryptocurrency markets, providing technical analysis, and covering news developments affecting the movements on bitcoin and the industry. He currently holds no cryptocurrencies.   The world is going digital when it comes to currencies but has been digital since we first started using Debit Cards and participating in online banking.   The U.S. dollar has been the World’s Reserve Currency since 1944 because the U.S ..read more

The article below was written by Helen Partz, who is passionate about learning languages, cultures, and the Internet. She has years of experience working on international online advertising projects. Growing interested in Bitcoin and cryptocurrencies in late 2017, she joined Cointelegraph as a writer.   If you have ever transferred money to anyone overseas, you know that the current money transfer system is old, slow, expensive, and needs to be updated?   Two of the biggest reasons for this is the system in one country usually does not communicate with the system in another country ..read more

  The article below was written by Danny Nelson, a news reporter at CoinDesk with a focus on lawmakers and federal regulators. He was previously the lead investigative reporter for the Tufts Daily. Four years ago, Jamie Dimon called Bitcoin a fraud, and threatened to fire any trader who worked for him that recommended Bitcoin to any of Chase’s customers! He also said “It’s worse than tulip bulbs. It will not end well. Someone is going to get killed.” He also contended, “It’s just not a real thing, eventually it will be closed.”   That is the type of F.U.D. (Fear, Uncertainty, and Do ..read more

The article below was written by Sebastian Sinclair, the market and news reporter for CoinDesk operating in the South East Asia time zone. He has experience trading in the cryptocurrency markets, providing technical analysis, and covering news developments affecting the movements on bitcoin and the industry. He currently holds no cryptocurrencies.   Emotions do not have a place in the investment world, but if there were not emotional investors, traders and dealers would not make a fortune. When you are an emotional investor in Bitcoin, you set yourself up for failure!   Like the sto ..read more

The article below was written by David Pan, a news reporter at CoinDesk. He previously worked at Fund Intelligence and interned at the Money Desk of USA Today and the Wall Street Journal. He does not hold investments in cryptocurrency.   Unfortunately, these days individuals are still using F.U.D. to get their point across, and I would think that anyone who is a HODLER of Bitcoin would refrain from saying anything negative about Bitcoin after Elon Musk’s words which probably caused Bitcoin to drop about $18,000 per coin.   As of the writing of my two cents, Bitcoin is down about $10 ..read more

  The article below was written by Damanick Dantes, an independent global macro trader at Dantes Outlook LLC, specializing in commodities. He earned a Bachelor of Science in economics and finance from Babson College. The article was published on coindesk.com on April 16, 2021.   A lot has been said and written about Bitcoin and the cryptocurrency market. Like anything new, the first reaction was to fear it before those in a position of power were able to conduct their own due diligence.   There was a lot of F.U.D. (Fear, Uncertainty, and Doubt) put out by those who are profitin ..read more