Did The Currency War Cause The Bitcoin Softwar?

As I’ve mentioned many times before, the largest dangers are now financial and not physical. This is being increasingly recognized at the International-level by savvy leaders and the governments they represent.

A currency war is a scenario in international economics where countries deliberately try to devalue their own currencies relative to others.

The primary goal is to make their exports cheaper and more attractive on the global market. It’s economic steroids if your economy is built to export services or goods. However, this strategy can have far-reaching consequences and often triggers retaliatory actions from other nations.

It may even spark the genesis of a reset to the global fiat monetary system.

How currency wars are waged:

1. Initial devaluation: A country can devalue its currency through various measures, such as lowering interest rates or directly intervening in the foreign exchange market by selling its own currency and buying others.

2. Impact on trade: A weaker currency makes a c…