Post
Topic
Board Bitcoin Discussion
Re: Russia's approval of BTC
by
DanWalker
on 10/03/2022, 20:31:37 UTC

With major investments from companies to mainstream governments into Bitcoin, the price per coin should've soared by now. If Gold reached a new ATH, then Bitcoin can do better. We'll see how everything will play out in the long run as Fiat collapses in its entirety. I'd be surprised if Bitcoin becomes the new unit of account used in global commerce. That would be a real game-changer. Just my opinion Smiley
Bitcoin has really changed the game, evident in the recent war when Russian banks were banned from SWITF, making international transfers and withdrawals more difficult than ever. Bitcoin is considered the perfect solution to this problem.
But I don't think the future of fiat will completely collapsed, fiat is the root for government control, representing the economy of the country. If fiat collapses then that government dies.