It’s no longer about competitive devaluation. The real battle will be when central banks start their own crypto projects. https://www.bloomberg.com/opinion/articles/2019-06-20/facebook-s-libra-may-spark-a-cryptocurrency-battle-in-asia
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See AllThomas Mayer former chief economist of Deutsche Bank proposes in FT that Europe create a bloackchain backed digital euro. "Digitalization offers a way to reduce the debt of the eurozone states and t
Russia is continuing its policy of abandoning the dollar and transferring its assets into other currencies. Last month, Russia reportedly lost $7.7 billion in foreign exchange reserves after it decide