The Impact of Saudi Arabia's Decision to End the US Oil Deal on the Petrodollar System, Global Dominance of the US Dollar, and the Potential Benefits for Bitcoin
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#7a21bb5d ver:0.73

Saudi Arabia's decision to end the US oil deal and diversify currencies used in selling oil has implications for the petrodollar system and global dominance of the US dollar. It highlights the need for an alternative financial architecture beyond the dollar and could accelerate the shift towards alternative currencies. The decision also aligns with Saudi Arabia's strategy to expand international relations beyond the US and Europe. Additionally, the termination of the petrodollar agreement could benefit Bitcoin as investors seek refuge in alternate assets due to inflation and the devaluation of fiat currencies. #Petrodollar #USdollar #Bitcoin...

#newstr #SaudiArabia #Petrodollar #Bitcoin #Ussaudi #Currency #Inflation #FiatCurrencies 

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