If Bitcoin becomes the world's reserve currency, it could change the world. The daily price of goods and services is decreasing. This will lead us from an inflationary to a deflationary economy. The exact opposite of what we see today!
Listen to Jim Richard:
https://usdtalk.com/thread-131.htmlHonestly what have we seen since the years of a central dominance, be it monarchy or be it democracy , the evolving governmental strategies have done nothing but provide us with a economic web in which
The Rich keeps getting richer , the poor keeps getting poorer , they even provide stimulus to the rich people , 90% of the stimulus bill is lost in corruption this is extremely sad.We have a bigger threat than even economic Disparity:
CorruptionHow do one would track fiat and anything centralized highly ?? When the central government is the one doing it ??
I do think Bitcoins can :
Tackle corruption
Give economic stability to small nations and individual Investors
Even if Volatility pose a threat if you are intelligent about it then : Why not ?? We have been opressed economically since years. The banks honestly only helps the rich and the accomplish whereas the middle class and the poor people have to struggle everyday in developing countries.
Even if it have flaws then why not ? At least we control what we are doing.
** Reserve currency** I am not sure about it but all I know is it would be an amazing Investment.