Death of the Petro Dollar?

Michael Jan Schiumo
5 min readApr 12, 2021

As you may have noticed, I am a proponent of cryptocurrency. I believe in it for many reasons — giving people control over their own finances, lowering the cost of and speeding up transactions, and creating transparency through a distributed ledger. However, in the wake of recent events, there are even more reasons to be bullish on digital currency, and bearish on the US dollar.

Big Oil

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