THIS week’s Crypto Corner dives into whether crypto is the great reset, the power of decentralisation and why it feels like Frank Sinatra’s My Way.
Bitcoin’s standing at $115,000 on Monday 4 August 2025, with an all-time high of $123,000, is something most naysayers would never have imagined. But Bitcoin is more than a community – it’s an ironclad team of like-minded souls who believe with all their heart that the future is decentralised, and crypto is the great monetary reset.
If crypto were a song, it’d be Sinatra’s My Way, bold defiance against fiat overlords, a new way where individuals and self-custody take centre stage. This reset isn’t about ditching the US dollar; stablecoins, tied to the dollar, are crypto’s way of keeping the world’s top currency rock-solid while embracing blockchain’s freedom. It’s a disruptive vision and the wheels are in motion.
Ray Dalio, a top investor, says history moves in 250-year cycles, give or take a few decades. The Dutch Empire (1570s-1780s) ruled trade with their currency until Britain rose up. The British Empire (1700s-1940s) ran the show with industry and the pound, until debt and wars passed the crown to the US (1870s-present).
Right now, the US has piled-up debt and a rising China could have spelled trouble, had such strong action on tariffs not been taken. Each cycle ends with a reset: old ways fade and a new power or system takes over, usually with a new top currency.
Crypto’s vision is a different kind of reset, not a new empire, but a world where power is truly with the people. Bitcoin is all about saying “no” to central control, but stablecoins, pegged to the dollar, are the real game-changer. They keep the dollar as the world’s reserve currency, used for global trade and savings, while riding blockchain’s wave.
This isn’t about toppling the dollar; it’s about giving it a new stage on which to shine, ensuring stability in a decentralised future.
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