#MoodyDowngradeImpact The downgrade of the U.S. credit rating by Moody's removes the country from the elite "AAA" club
Bitcoin as a neutral store of value has been gaining traction among governments and institutional investors as an alternative to the dollar in a scenario of fiscal deterioration. And it doesn't stop there. With the increase in twin deficits, both fiscal and trade, as well as the advancement of U.S. trade protectionism, the American currency has been losing strength and eroding international confidence.
In this scenario, assets like Bitcoin gain strength as a status of global store of value.
https://www.infomoney.com.br/economia/moodys-rebaixa-nota-de-credito-dos-eua-e-tira-pais-do-clube-de-elite-aaa/
