Sentences with phrase «dominant currency in the world»

Dollar is the de facto dominant currency in the world.

Not exact matches

Ever since the Bretton Woods agreements — the accords after the Second World War which bequeathed the architecture for the modern international financial system — America's trading partners have been left to cope with the impact of Washington's control and, in more recent years, the hegemony of the dollar as the dominant global reserve currency.

In case if these private blockchain networks fail to be distributed and operate, dominant digital currencies like bitcoin will be in high demand, increasing the value, presence, and importance of bitcoin in the world's largest economieIn case if these private blockchain networks fail to be distributed and operate, dominant digital currencies like bitcoin will be in high demand, increasing the value, presence, and importance of bitcoin in the world's largest economiein high demand, increasing the value, presence, and importance of bitcoin in the world's largest economiein the world's largest economies.

The paper makes the case that bitcoin is the best form of money in existence today and should be valued as the dominant world currency.

In an interview with The Times published Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency will take over the U.S. dollar's dominant place in world finance and become the primary global currency for paymentIn an interview with The Times published Wednesday, Dorsey, himself a noted bitcoin investor, said he believes the cryptocurrency will take over the U.S. dollar's dominant place in world finance and become the primary global currency for paymentin world finance and become the primary global currency for payments.

Bitcoin should be worth in 2017 $ 5.85 million dollars if it would be the world's dominant currency.