Post
Topic
Board Bitcoin Discussion
Re: Is bitcoin a threat to USD and Pound Sterling?
by
Emmax
on 24/08/2018, 10:00:55 UTC
The world’s currencies are on an endless roller-coaster ride, their relative values constantly rising and falling in relation to each other, with the occasional stomach-churning drop. Last year, it was the turn of the US dollar to hurtle downwards, as UAE expats earning dollar-pegged dirhams know to their cost. The dollar suffered its worst year in a decade, hitting UAE residents with financial commitments in foreign currencies, as their earnings do not travel as far as they did a year ago. Well, if Bitcoin can't, then the US dollar can. Everything will in time be good.