{"id":19645,"date":"2023-04-09T12:51:53","date_gmt":"2023-04-09T12:51:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/saudi-arabia-brics-ron-paul-weighs-in-on-potential-fall-of-dollar-as-reserve-week-in-review-the-weekly-bitcoin-news\/"},"modified":"2023-04-09T12:51:53","modified_gmt":"2023-04-09T12:51:53","slug":"saudi-arabia-brics-ron-paul-weighs-in-on-potential-fall-of-dollar-as-reserve-week-in-review-the-weekly-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/saudi-arabia-brics-ron-paul-weighs-in-on-potential-fall-of-dollar-as-reserve-week-in-review-the-weekly-bitcoin-news\/","title":{"rendered":"Saudi Arabia, BRICS; Ron Paul Weighs in on Potential Fall of Dollar as Reserve \u2014 Week in Review \u2013 The Weekly Bitcoin News"},"content":{"rendered":"

(Originally posted on : Bitcoin News )<\/b>
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The United States dollar has been a hot topic in recent weeks, with multiple reported developments occurring globally which could signal significant moves toward de-dollarization in large economies. Former U.S. congressman Ron Paul also noted this week that if the USD\u2019s influence as a reserve currency is undermined, it might happen later than some expect. All this and more, just below, in the latest Bitcoin.com News Week in Review.<\/strong><\/p>\n

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US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States<\/h2>\n

After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) surprised the world by announcing cuts to oil production, a spokesperson for U.S. president Biden\u2019s National Security Council stated that reducing production is not advisable. According to a recent report, Saudi Arabia\u2019s crown prince Mohammed bin Salman has told associates that Riyadh is no longer interested in pleasing the United States.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"BRICS<\/p>\n

BRICS Nations Working on Creating New Currency to Be Discussed at Next Leaders Summit: Report<\/h2>\n

The BRICS nations are reportedly working on developing a new form of currency, which is expected to be discussed at the next BRICS leaders\u2019 summit, according to a top Russian official. \u201cThe transition to settlements in national currencies is the first step. The next one is to provide the circulation of digital or any other form of a fundamentally new currency in the nearest future,\u201d the deputy chairman of the Russian State Duma was quoted as saying.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"ron<\/p>\n

Ron Paul on the Fall of the US Dollar as Reserve Currency: \u2018It\u2019s Always Longer Than Some Predictions\u2019<\/h2>\n

Ron Paul, a former U.S. representative and member of the Libertarian Party, has addressed recent events directed to undermine the influence of the U.S. dollar as a reserve currency in international markets. Paul believes that even if this does happen, it will probably take more time than some predictions are saying.<\/p>\n

Read More<\/strong><\/a><\/p>\n

\"Elon<\/p>\n

Elon Musk Asks Judge to Dismiss $258B Dogecoin Lawsuit \u2014 Insists Tweeting Support for DOGE Isn\u2019t Unlawful<\/h2>\n

Tesla and Twitter CEO Elon Musk has asked a U.S. judge to dismiss a $258 billion lawsuit filed against him by dogecoin investors. They alleged that the billionaire operated a pyramid scheme to promote the meme cryptocurrency dogecoin. \u201cThere is nothing unlawful about tweeting words of support for, or funny pictures about, a legitimate cryptocurrency that continues to hold a market cap of nearly $10 billion,\u201d Musk\u2019s lawyer argued.<\/p>\n

Read More<\/strong><\/a><\/p>\n

What do you think lies in store for the U.S. dollar? What about bitcoin and dogecoin? Let us know in the comment section below. <\/strong><\/em><\/p>\n

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\nBitcoin.com <\/h6>\n

\n Since 2015, Bitcoin.com has been a global leader in introducing newcomers to crypto. Featuring accessible educational materials, timely and objective news, and intuitive self-custodial products, we make it easy for anyone to buy, spend, trade, invest, earn, and stay up-to-date on cryptocurrency and the future of finance.<\/p>\n<\/div>\n<\/div>\n

Image Credits<\/b>: Shutterstock, Pixabay, Wiki Commons<\/em><\/p>\n

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