Re: Will Bitcoin become the reserve currency of the world?
Do you think Bitcoin will become the reserve currency of the world sometime in the future? I was wondering about this since Bitcoin is now a widely used cryptocurrency worldwide. Since most altcoins in the market today, are dependent on Bitcoin's price movements, it seems like Bitcoin is the reserve currency of cryptocurrencies.
However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?
Bitcoin already recognize as currency that can be use in different transactions but thinking about bitcoin as reserve world currency is hard to predict because there many things that could happen in the near future. Even bitcoin already use by many countries still we can't remove our traditional money which is fiat.However, if Bitcoin tends to become more popular each day, it could eventually take the USD's place as the reserve currency of the world. Hence, what are your thoughts about this? Will it happen or not?