{"content":"🌍 Nassim Taleb: “US Dollar Quietly Dethroned — This Asset Is the New Global Reserve” Nassim Taleb, an economist and best-selling author, claims that one asset has stolen the US dollar's place as the world's unofficial reserve currency. In a recent interview with Bloomberg, the author of Black Swan claims that the US dollar is no longer a trustworthy safe-haven asset. He adds that people would rather participate in the stock market than retain a currency that loses value over time. He also claims that the dollar's reign as the world's reserve currency came to an end when the US imposed harsh sanctions on Russia for invading Ukraine. Taleb says that gold is now the world's reserve currency, which shows that the dollar lost its credibility when the US and its allies used the USD as a weapon. "That would show up in markets, the dollar slowly losing value, and, in effect, there is a second concern. The first is the deficit, and the second is that the dollar is losing its standing as a reserve currency. You can see how much gold has been added to the reserves and how gold has behaved over the last year. And it didn't start with Trump's initiatives. Of course, it began with Biden when he froze the accounts of those who were linked to Putin. He thought it would stop there, but people who weren't linked to Putin opted to stay away from the euro and the dollar. Gold is now basically the reserve currency. People normally pay in dollars and euros, but they always get turned back into gold at the same rate. And we can see this from the way reserves have built up. #BTC #GOLD #dolar #usd #IsraelIranConflict $BTC $USDT $PAXG ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/22/5575d4dc1049477db9817d62d365d506.png"],"tags":[],"tradingPairs":["PAXG/USDT"],"quotearticleid":0}