How exactly, the dollar is the currency everyone wants in their pockets the second conflict breaks out. Right now CASH is king. The EU is in shock that they have to go back to cold war spending. The US just needs to change their defence mix, from war on terror, to worse case Cold War 2.0.
Fear about the dollar drives people to the dollar. I almost think these stories are put out by the dollar buyers to shake lose some extra volume to trade on.
Right now dollars are held tighter than bitcoin and bitcoin has remarkable returns over than past decade and the dollar is flat vs gold, silver, oil.
“Right now dollars are held tighter than bitcoin and bitcoin has remarkable returns over than past decade and the dollar is flat vs gold, silver, oil.”
If bitcoin were ever to become the reserve currency, one ‘coin would be worth millions.