SeAbredeBate

Cryptocurrencies as a geopolitical tool
Challenge to the US dollar
The dollar is the world's reserve currency. This gives the US enormous power: it can print money without devaluing like other countries would, and use the SWIFT system to impose sanctions. Cryptocurrencies, especially Bitcoin, offer an alternative that does not go through central banks or networks controlled by the US.
Real example:
Russia and Iran are exploring the use of crypto for foreign trade and to bypass sanctions.

Cryptocurrencies, in theory, have the potential to offer an alternative to the traditional financial system, which has historically been dominated by major powers like the U.S. Here are some key ideas on how they could 'save' the global economy — and also their limitations:
How could cryptocurrencies help?
1. Decentralization: They are not controlled by any government or central bank, which prevents monetary manipulations, such as the mass printing of money.