Imagine a world where gold finds its crown, not in the form of ingots hidden in a trunk, but via sparkling digital tokens. Max Keiser, eternal troublemaker of Crypto finance, does not go by four paths. According to him, the stable -leaning stables could well bite the dust to those indexed to the dollar. How ?
Stablecoins backed by gold: the metallic sparkle of a new monetary era?
Why this golden turnaround? Simple. Powers like China, Russia or Iran – little fans of the greenback – have tons of gold. Literally. What could be more logical for them than transforming it into a monetary weapon (hello the BRICS)? An elegant response to the Soft Power US, while betting on an asset which, from the Pharaohs, turns the heads, as shown by the alliance of the BRICS which defies the dollar with gold.
What if gold, like an old rocker, returned to the front of the stage? According to Max Keiserits aura of stability reassures in the face of inflationary upheavals and the debts that pile up faster than the likes on a video of kittens. Meanwhile, the dollar vacillates, between rate that plays yoyo and crumbling confidence.
Between fierce defense and digital mistrust
The United States tightens the ranks. Some politicians want to keep the dollar master of the game at all costs. And in this battle of the invisible, the stablecoins have become the new pawns. But beware, not everyone walks. The representative Tom Emmer, for example, defends the stablecoins vigorously, while opposing CBDC. For him, a digital currency managed by the state is like putting Big Brother in your wallet. Not really reassuring.
So, or dollar? Behind this duel hides a deeper reality: that of a world which redraws its lines of trust. And in this monetary fresco, each token could well become a geopolitical brush stroke. The game is just beginning.
The return of gold in digital version therefore reveals a monetary fracture in the making. Between distrust of the dollar and rejection of CBDCs, stablecoins become an ideological battlefield. And if, basically, this golden revolution was only a reflection of a universal need: regain control?
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