Empires rise and fall — and money follows. 🌍
Over the past 500 years, the world’s greatest empires and their reserve currencies have followed the same pattern: the Dutch and the guilder, the British and the pound, the Americans and the dollar. 🇳🇱🇬🇧🇺🇸
These cycles typically last ~250 years, marked by innovation and rising power, followed by debt, inequality, internal conflict, and eventually war. 💥
This framework, presented by Ray Dalio, highlights 8 key metrics: education, innovation, competitiveness, economic strength, trade share, military power, financial center influence, and reserve currency status. 📊
Each empire rose with knowledge and unity — and fell with overconfidence, inequality, and the loss of real money.
And now we ask:
Will Bitcoin become the next reserve currency — not of a nation, but of the world? 🌐
With great respect, I’ve translated this video into Hungarian so others can learn from it too. You can listen to the original in English — highly recommended.
#Bitcoin #RayDalio #ReserveCurrency #Empires #GlobalFinance #DigitalGold #SoundMoney
