Sentences with phrase «alternative global reserve currency»
Either an alternative global reserve currency will be established, or nations will institute dual - currency trading: one value for real trade, another value for foreign exchange.
http://www.businessinsider.com/ Not exact matches
Thing is, we don't have a logical alternative to the US Dollar as the global reserve currency.
Moreover, if bitcoin becomes one of the reserve currencies of the global economy by targeting the $ 40 trillion offshore banking market, $ 8 trillion gold market, and the $ 50 trillion fiat currency market, governments will need to have a supply of bitcoin and alternative cryptocurrencies as the leading financial authorities.