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May 18, 2025

Bitcoin vs USD: Why BTC is yet to catch up to the dollar for global dominance

When the US expanded its financial might in the Second World War, global finance became the subject of a rapid transformation. In the post-World War, the US became the de facto top global power, and the US Dollar essentially became the currency of might, as well as trade, something that went on to become the spearheading aspect of the US’s economic sanctions in the later years.However, as the world relied on US banks and the US Dollar for global trade, economic sanctions became the weapons of choice against many. De-dollarisation, or reducing the reliance on the US Dollar, began echoing in selected corners of the world as a result, however, with little mileage before 2009.What happened in 2009 was unprecedented in the world of finance. A mysterious individual named Satoshi Nakamoto launc

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