Is Crypto the New Dollar? Kenneth Rogoff Sounds the Alarm on U.S. Currency Dominance

The game is changing—and crypto might be winning.

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Former IMF Chief Economist Kenneth Rogoff is raising eyebrows—and big questions—about the future of money. In a recent interview, he warned that the U.S. dollar's global dominance is under real threat and one of the key challenges? Cryptocurrencies.

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Here’s the breakdown:

The Problem: Global trust in the dollar is slipping due to rising geopolitical tensions.

The Shift: Cryptocurrencies like Bitcoin ($BTC) and stablecoins are increasingly used in cross-border transactions—including the underground economy.

The Surprise: Rogoff pushes back on crypto critics, arguing that crypto does offer a "fundamental value proposition"—especially as a medium of exchange.

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Why This Matters:

Even with regulatory crackdowns, crypto is becoming the go-to option in areas where the dollar once reigned supreme. From anonymous trades to international remittances, crypto is filling gaps the traditional financial system can’t—or won’t—reach.

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For Beginners:

Don’t get lost in the jargon. Rogoff’s message is simple:

Cryptocurrencies have utility.

They aren’t going away.

Even world governments are starting to recognize their staying power.

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Market Insight:

Keep your eyes on regulatory news and stablecoin adoption. As more countries explore CBDCs (central bank digital currencies) and more people transact in $USDT, $USDC, or even $BTC, the old guard (the U.S. dollar) is being forced to evolve—or risk being sidelined.

#Write2Earn @thedefiedge @Binance Square Official @OroCryptoTrends