Global crisis horizon: The financial system and technological wars.
The world is currently facing increasing threats related to the financial system and technology wars.
These two aspects are the main factors that can lead to a global crisis, redistribution of resources and spheres of influence.
🔴1. Financial system
Global dollar dominance.
Despite active discussions of de-dollarization, the US dollar continues to be the dominant currency in the global economy. It retains its key role in international payments and as a reserve currency. The world's largest economies, including China, remain dependent on the dollar. China is one of the largest holders of American government debt and an important trading partner of the United States.
🔴Prospects for changing the system
Despite the current situation, the current monetary system is not eternal. The collapse of the dollar could become a catalyst for global changes in economics and politics.
This would entail a significant redistribution of resources and spheres of influence between countries. China appears to be the only rival to the current system, actively developing its economy and increasing its influence on the world stage.
🔴Bitcoin as an alternative?
Trump has repeatedly expressed the idea of paying off the US national debt using bitcoins. Despite the provocative nature of this statement, it highlights the importance of cryptocurrencies in the modern financial world.
Cryptocurrencies are considered as a possible alternative to the traditional financial system, which could also become one of the factors in the global crisis.
🌐 2. Technological wars
🔴Strategic importance of semiconductors
The main arena of modern conflicts has become the technological sphere.
The US and China are actively fighting for technological superiority. Particular attention is paid to semiconductors, which are critical for chip production.
Taiwan, which controls more than 60% of the global semiconductor market, has become a key point of contention.
🚫Fight for Taiwan
Biden seeks to bring key technologies to the US, while China aims for technological sovereignty.
Taiwan, which has significant semiconductor manufacturing capabilities, is at the center of this conflict. Control of chip production has become more important than owning gold or bitcoin, as artificial intelligence and computing power provide a strategic advantage.
🔥 Possibility of conflict
The fight for Taiwan and control of semiconductor production could lead to serious conflicts before changes in the monetary system occur.
It is likely that the restructuring of the financial system will be a consequence of this technological confrontation. Control of chips could become the new strategic weapon of the 21st century, and its ownership will determine the future of world leaders.
🔖 Conclusion
The world is on the verge of significant changes. The financial system and technology wars are the main risks that could lead to a global crisis. The events that have taken place over the past few years seem to be just the beginning of what awaits us in the future. The influence of these factors on the global economy and politics will be decisive in the coming decades.
And Bitcoin plays an important role here...
