Kenneth Rogoff, former chief economist of the IMF, has argued that bitcoin flows are already affecting the usage of the greenback within the so-called “shadow financial system.” This, consequently, is inflicting troubles for the U.S. financial system, by propping up rates of interest. Former IMF Chief Economist Claims Bitcoin Is Substituting the Greenback within the $25T Shadow Economic system […]
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Former IMF Chief Economist: Bitcoin Undermines Greenback Hegemony in $25 Trillion Shadow Economic system
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