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Guy Swann 2y ago

1946 Reserve Currency Status:

- 83.6% British Pound

- 13.7% United States Dollar

1956 Reserve Currency Status:

- 37% British Pound

- 52% United States Dollar

1970 Reserve Currency Status

- 11.2% British Pound

- 84.8% United States Dollar

A lot can change in 20 years when the trends turn against you.

#Bitcoin

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Jon 2y ago

I have a theory that as technology increases the speed of change it also shortens the duration of empires. I have no evidence of those though.