> So far this year, the Dollar Index, which tracks the greenback relative to a basket of other currencies, is up 11.3% as rising interest rates encourage investors to buy the buck. Just this month, the dollar reached parity with the euro for the first time in more than 20 years. This is great for people looking to spend dollars abroad, but U.S. companies that rely on revenue from overseas will find that their earnings decrease when factoring in currency conversions. 

> It matters a lot to the payments companies. Mastercard got roughly 68% of its revenue outside of the U.S. in 2021 while Visa and PayPal got 54% and 44%, respectively.

As more countries and businesses around the world adopt Bitcoin, this will become less of a problem. The legacy payment processors and card companies will start to realize that they can't compete with a natively digital, borderless money. They will have to adapt or die.