The reason the dollar was chosen as a Reserve Currency back in 1944 is because it was strong and backed by gold!   That all changed on August 15, 1971, when then President Richard Nixon advised Treasury Secretary Connally to suspend the

The article below was written by Sebastian Sinclair, the market and news reporter for CoinDesk operating in the South East Asia time zone. He has experience trading in the cryptocurrency markets, providing technical analysis, and covering news developments affecting the movements on