Bitcoin Vs USD vs Yuan vs Gold

As I delve deeper into my journey of understanding cryptocurrency from my humble office desk, it seems like the Biden administration keeps dropping hints about potentially barring US investors from putting their money in certain sectors within China. They're forecasting more of these kinds of foreign investment restrictions to keep capital in our own country - where, unfortunately, it's left at the mercy of steadily rising inflation due to, what many perceive as, reckless money printing.

As I navigate through the financial reports while managing my boss's schedule, it's increasingly clear that the future focus is going to be on gold and crypto. What stands out about these two is that they aren't bound to any specific country. They're not at risk of being watered down by a desperate central bank trying to keep its financial system afloat with hastily printed money.

Interestingly, as countries begin to prioritize their own needs over catering to the Western financial system, it seems like central banks, particularly those in the Southern Hemisphere, are diversifying their savings strategies for international trade income. Increasing their gold reserves appears to be a first choice - a move that's already happening. And as I delve deeper into Bitcoin, I can't help but notice its growing reputation as the most solid form of money ever created. It makes me wonder if more countries will start seeing it as a reliable option for savings, just like gold.

Something to keep in mind, though, is not to fall for the narrative often presented by financial media. They may paint this as a binary choice between the dollar and the yuan. They might try to convince you that due to certain "shortcomings" in the Chinese economy, no other currency stands a chance to topple the mighty dollar. But from what I've learned so far, this feels like a diversion. In the coming years, it seems like the world will trade in a variety of currencies, saving as necessary in gold and perhaps, in the not-so-distant future, Bitcoin too.