I was just curious but, what would you guys think if Bitcoin was the main currency of America. Would you like it and agree with it or would you agree with the current main currencie(s) we have.
The value of a dollar will be useless and worthless. No regulations on money or no monetary policy, it will become unitless. People would invest their money into bitcoin so it will drag money out and our economy would become unbalance.
There are also some difficulties of borrowing money in bitcoin because of the inflation rate. You can't determine what might gonna happen in the value of our bitcoin. Many investors and companies will be lost. I can't figure out the situation!