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If history is a guide, the dollar's reserve currency status can withstand a lot of bad policymaking. Bitcoin may rise, but it could take a while.
When a famed macro investor like Paul Tudor Jones invests in Bitcoin, you know it's a serious play. Next step: central banks buying crypto too.
It'll take a real financial crisis for bitcoin to prove its safe haven value.
From stopping double-lending in its credit industry to an escape from dollar hegemony, China has every reason in the world to invest in blockchain.