Digital currency is a significant threat to the dominance of the stock market
BY:Alegandro PEJOURNAL - The dollar has been a global reserve currency for 100 years, but many people have been buying bitcoins since March, fearing that the US Federal Reserve-led central banks will devalue their currencies. Morgan Stanley, chief executive officer of Global Investment Management Strategy, is the author of Ten Laws of Successful Nations. When it spread, the US dollar was as strong as ever. Despite talk of faltering US supremacy, the dollar as an intermediary in international trade, another anchor for other countries to value their currencies, and the “reserve currency” of most central banks as the dominant savings.…