Web3 Tech Brief By HackerNoon

This story was originally published on HackerNoon at: https://hackernoon.com/the-end-of-the-petrodollar-with-bitcoin-as-the-big-winner-mind-you-its-not-quite-that-simple.
A few thoughts on the death of the king dollar will make you realize that we're a long way from that.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #Bitcoin, #us-dollar, #bitcoin-adoption, #economics, #money, #finance, #america, #us-economy, and more.

This story was written by: @ssaurel. Learn more about this writer by checking @ssaurel's about page, and for more stories, please visit hackernoon.com.

A growing rumor has taken hold of social networks: Saudi Arabia has ended the petrodollar system. For some, everything is supposed to benefit Bitcoin despite common sense. The problem boils down to that phrase you've been hearing for decades about the US dollar. To challenge the domination of the dollar king, we need to turn to Bitcoin.

What is Web3 Tech Brief By HackerNoon?

Learn the latest Web3 updates in the tech world.