JPMorgan admits that digital currencies could threaten the geopolitical power of the USA.

There is no country with more to lose from the disruptive potential of digital currency than the United States.

As Central Bank Digital Currencies (CBDCs) are gaining traction, JPMorgan admits that digital currencies could threaten the geopolitical power of the USA. In a recent publication, they assert that:

This revolves primarily around U.S. dollar hegemony. Issuing the global reserve currency and the medium of exchange for international trade in commodities, goods, and services conveys immense advantages. 

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