Post
Topic
Board Altcoin Discussion
Re: Can ETH surpass BTC?
by
Coyster
on 08/10/2024, 14:43:53 UTC
Do you think BTC will be merged with something that is associated with traditional currencies? What government would do that aside El Salvador maybe?  Roll Eyes
What do you mean by merged with a traditional currency? Do you mean backed by a traditional currency, the way stable coins are, if that is what you mean, then it is not possible, that is not how bitcoin was created, if you want a cryptocurrency that is backed by traditional currencies, then go for USDT, USDC, etc.

That being said, El Salvador made bitcoin a legal tender, but no entity or government can make any arbitrary changes on the bitcoin network, that is why it bitcoin is decentralized.