Crypto Threatens Dollar Dominance: Former IMF Economist Warns

A former IMF economist, Kenneth Rogoff, has raised alarm bells about the growing threat of cryptocurrency to the U.S. dollar’s global dominance. In a recent interview with Bloomberg, Rogoff highlighted the declining influence of the dollar and warned that cryptocurrencies could disrupt traditional financial systems, potentially impacting global economic stability. He emphasizes the increasing role of cryptocurrencies in challenging the status quo by disrupting established financial institutions reliant on the US Dollar’s hegemony. ]