The US dollar has seen the largest annual decline in value since 2003 and should end in 2017

Separate Money and the State

Meanwhile, Bitcoin, the most valuable cryptocurrency market with a valuation of $ 227 billion, is on its way to end the year by recording a 1,341% increase in value, as one of the most profitable cryptocurrency in the global market behind Ripple, Litecoin, Dash and Ethereum.

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Several Analysts Such Chris Gaffney, president of World Markets at EverBank, told Reuters that the value of the United States dollar is expected to decline further throughout 2018, wi "No signs of a near-term recovery."

"The dollar will face more headwinds in 2018. The Fed will not go it alone to pull more gas off the stimulus pedal.

Jens Nordvig, CEO of Exante Data, also told CNBC that it was normal for analysts to expect a recovery after such a loss of Value, this time, most analysts have a negative bias. "Nordvig said, pointing to the rapid growth rate of the global economy and key players like China:

" We have a negative bias on the dollar, which is extraordinary considering that interest rates will rise to a very good level. It became too strong before January, and the other factor is that global growth is very strong.

Long-time Bitcoin investors and cryptocurrency researchers believe that the rise of cryptocurrencies is a new class of emerging assets playing a minor role in the decline of fiduciary currencies across the world, separating the money and the state.

For several decades, governments have had absolute control over the world monetary system, especially the fiduciary money system with which they In November, ShapeShift's CEO, Erik Voorhees, noted that Bitcoin continued to grow in terms of market valuation, user base and user activity because as a decentralized currency and store of value, it provides an alternative financial network to the fiduciary money system Voorhees said: