Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Replacing U.S Dollar as the global Reserve Asset
by
Poker Player
on 13/08/2021, 14:07:31 UTC
I don't really think this will happen. It is too ideal, to begin with.

I concur with this opinion and the majority of responses. We would like Bitcoin to become a global reserve asset replacing the USD, but if that happens it will take a long time. It has some intrinsic characteristics that could allow it to be so in the future, such as its deflationary nature, but as of today it is more a fantasy than a reality. Would states and central banks have to buy Bitcoin for their reserves as well, for that to happen, and that is not likely to happen in the near future. .