IMF Director Reveals: Iranians, Brazilians, and Saudis Embrace Bitcoin in the Shift Away from the US Dollar toward Chinese Yuan

The effects of de-dollarization are expected to hit slowly and gradually fueled by global geopolitical differences.
Bitcoin’s mainstream adoption is expected to increase the use of the digital asset in international trade settlements including between different countries.
With more than 420 million investors around the world already invested in the cryptocurrency market, Bitcoin is slated to be used as a means of payment by more counties in the coming years. Already, two countries on different continents have adopted Bitcoin as a legal tender and many others have regulated the top coin as a commodity like Crude Oil and precious metals. As a result, the overall fiat currency global reserve is on the cusp of a major decline as more institutional investors and countries hold Bitcoin on their balance sheets. 
Interestingly, the United States is a holder of Bitcoin, with more than 200k units seized by law enforcement in collaboration with the Department of Justice (DoJ). Many other count

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