Post
Topic
Board Bitcoin Discussion
Re: What would happen if BTC were to be adopted as a global reserve currency?
by
EL MOHA
on 24/12/2023, 21:41:35 UTC
would the Government of the Nations adopt BTC, a decentralized form of digital currency?

If they do, dont you think we should raise eyebrows and be suspicious of what they could be up to?

how would it affect the crypto market and individual traders?

Adoption can be done by the government by them relaxing bans on bitcoin or going further to add it to some of the countries legal tender which is the most hard part. The decentralized system which bitcoin is actually seems to pose threat to bitcoin censorship and they will never want to let that go.

This will affect bitcoin adoption rate as it will grow in large number but the question will be whether the maximum supply of 21 million bitcoin be ok for everyone.