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Dollar loses to cryptocurrencies in 2023

 


Dollar loses to cryptocurrencies in 2023


Cryptocurrencies will spread next year while the US dollar will lose its status as a global reserve currency, according to Russia's former head of state.


In a series of tweets

Dmitry Medvedev made his two years of what the future holds for the world, a "modest contribution", in his words, to the "most overwhelming expectations" before New Year's Eve.


Bretton Woods cash system will collapse next year

  • This caused the collapse of the International Monetary Fund and the World Bank
  • according to the man who held the presidency of Russia for
  • Between Vladimir Putin's two tenure as president, there were four years.

The euro

and dollar will cease to trade as global reserve currencies.

Dmitry Medvedev stated on social media


that cryptocurrencies will be actively used instead

"while all major stock markets

and financial activity will shift from the US and Europe to Asia.


Through a series of humorous publications this week

He discussed potential scenarios for the year 2023.

On New Year's Eve, everyone predicts. Many come up with future hypotheses



As if competing to determine the most brutal

  1. even the most absurd.
  2. Here's our modest contribution
  3. tweeted the leader of the ruling United Russia party on Monday.


Medvedev expected oil prices to reach $150 per barrel

and natural gas to reach $5,000.


The EU is also expected to collapse after

the UK rejoins the bloc and the euro falls from use.

In a divided Europe :

  1. France and Germany would clash
  2. while Hungary
  3. and Poland occupied parts of western Ukraine.


The Russian government official

  • who is now vice president of the country's Security Council
  • and Texas abandoning the US to join forces with Mexico.

Elon Musk will win the presidential election in a number of states that, after the end of the new civil war, will be awarded to the Republican Party, he wrote.


Dmitry Medvedev

who was also Prime Minister of Russia between 2012 and 2020


Politically more liberal than Putin, he has been very active on social media since Moscow attacked Ukraine in late February.


Western sanctions poured in after the military incursion. Days after the war began, he announced that Russia might "nationalize" foreign assets in response to sanctions.


Over the past year

  1. Russian authorities have been expanding
  2. the legal framework for digital assets
  3. and regulating cryptocurrencies


in particular its use of cross-border settlements amid financial constraints.


While Bank of Russia

which develops its digital ruble

has proposed a blanket ban on cryptocurrency transactions in the country


Medvedev told

Russian media reported in January that the prohibition might have a negative impact.


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