Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status. Classically the world’s reserve currency, the greenback is seeing increasing competition fromRead MoreThe post Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future appeared first on Bitcoinist.com.
