Strike Drives Bitcoin Forward as El Salvador Becomes World’s First Country to Adopt Bitcoin as Legal Tender

IMO, it is an indication of the continuing flight from the dollar as a reserve currency. Basel III implementation (June 28) will increase the pressure as gold held by the central banks will then be valued at true (market) value and not the imaginary one of paper contracts. The EU, Russia and China are all for the implementation of the rule as they want to see the diluting dollar removed at the reserve money of the world. Our politicians appear to feel the same way with their $-Trillion spending sprees.

The past is prologue, and no, it is not "It's different this time":

I would think the 1921 start date for the U.S is off, more like 1944 Bretton Woods agreement. ("The dollar is as good as gold.")

An interesting read for the curious

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