Post
Topic
Board Bitcoin Discussion
Re: Will bitcoin end the dollar’s reign?
by
ukw
on 01/03/2021, 20:45:20 UTC
Bitcoin is unlikely to replace the dollar as a global currency. This is also said by one of the highest rated analysts of foreign currencies.

"Shtatcĸiyat dolap e in ocnovata na nay-golemiya, nay-dalboĸiya and nay-ppozpachniya pazap na dapzhavni obligatsii in cveta" ĸaza Mapĸ Chandlap, glaven pazapen ctpateg in Vannoskburn Global Foreh and avtop na ĸnigata "Ocaznavane na dolapa" in cĸoposhen videochat . "I just don't know how bitcoin can change the currency from that point of view."

The global currency is the one that facilitates cross-border trade, including investment and international debt markets. Global central banks hold foreign exchange currencies to protect against significant fluctuations in exchange rates, as well as in exchange rates. I think we are a long way from when Bitcoin will be able to do that.