Post
Topic
Board Bitcoin Discussion
Re: Bitcoin has the potential to become the central bank of the central banks
by
avikz
on 29/03/2021, 12:56:45 UTC
10 years ago people were discussing..
Quote
Anything lower than 10, I buy buy buy...

https://bitcointalk.org/index.php?topic=27282.msg56581970#msg56581970

Now we're discussing 40000, 50000, 60000.

We can still discuss whether bitcoin will go over 100k or not and when it will go over 100k. But in reality, bitcoin can never become the central bank of the central banks! I am not saying that it doesn't have the potential, but it won't happen because the governments and financial administrations won't let it happen.

Bitcoin great for parking temporary money for sure but to become a reserve asset, it must be less fluctuative than what it is now. Also the network is decentralized which is another risk areas for the government not to allow it. So play a speculative game but don't make assumptions like this!