Altcoins News

Story: Crypto Tolkien on De-dollarization and Is the Something Else BTC, ETH, LTC, XMR, ADA and…

By Maheen Hernandez

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Crypto Tolkien, Crypto Investor recently expressed, the process of de-dollarization is happening in real time.

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We are left wondering is the something else a cryptocurrency like BTC, ETH, LTC, XMR, ADA and others.

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He also points to how Central Banks also hold gold in large reserves, for similar reason to USD.

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There are over 33,200 metric tons of gold held by nations and international agencies. In recent years, many nations have increased their gold reserves as they move away from USD…

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Leaders of nations are both publicly and privately expressing a huge interest in Bitcoin.  El Salvador recently passed a bill formalizing Bitcoin as legal tender.

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Other Latin American Nations also have public officials expressing interest and support for Bitcoin, which includes government officials from Mexico, Panama, Colombia, Ecuador,…

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There are no signs that the money printer will be turned off. As such, Bitcoin and crypto adoption will only increase. In fact, Bitcoin is even being adopted by nations.

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Those worst hit by inflation are people without assets such as stocks, housing, or gold. Inflation harms the working and middle class the most, as they cannot get more than 0.

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Smart people including Satoshi Nakamoto realized that inflation was harming many people across the world, and with new policies being implemented by the Fed, it would only grow…

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What has happening since then is ever rising prices of assets: housing, stocks, gold. Essentially, if you wanted to keep up with or beat inflation, you needed to purchase and…

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