The Geopolitics that will end the PetroDollar

The surge of crypto-assets and blockchain technology heralded the end of the PetroDollar. Recent insights in this transition -from atoms to electrons- show governments they need to act accurate and promptly or get left behind. Around the world jurisdictions such as the USA, Russia, Asia and the EU respond very different, as they try not to panic and react responsible.

As data swiftly becomes the primary asset in modern societies it is surpassing the importance of physical oil based assets; A remnant from the previous industrial age. With this shift a new base bearer instrument has sprung up: decentralised digitalassets, known as cryptocurrencies. According to Vladimir Putin, governments around the world are required to act informed and swiftly as those late to the race will lose independence to the leading nations of the blockchain space. 
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