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The increase in the use of bitcoin accelerates the process of formation of a new financial system. We have witnessed a global evolution of the payment infrastructure, said Zoltan Pozar, strategist at Credit Suisse.
The result of the changes will be the weakening of the dollar and the acceleration of inflation in Western countries. The crisis of the dollar system that we are entering is qualitatively different from previous financial upheavals.
The structure that was formed after the Second World War is gradually being destroyed. It is being replaced by a new financial order.
Geopolitical tensions only hastened the destruction of the old order. It is still difficult to say in which direction the global economy will develop, the Credit Suisse strategist noted and added that bitcoin has a very good chance of becoming the main payment instrument.
A similar point of view is shared by billionaire and CEO of Galaxy Digital Mike Novogratz.
In his opinion, in the near future, Bitcoin and gold will become the safest assets. Between these two tools, you can put an equal sign and stop the discussion about what is more important than BTC and the precious metal.
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