Post
Topic
Board Bitcoin Discussion
Re: Maybe Trump will bring Bitcoin into a new age
by
m2017
on 09/11/2024, 08:04:35 UTC
      1. The United States' purchase of Bitcoin as a reserve will drive up the price of Bitcoin, while also driving other countries and large companies and financial institutions to buy Bitcoin, further pushing up the price.
In this scenario, bitcoin reminds me of something. Oh, yes, of course, the dollar. Do you want bitcoin to become the new dollar?


     3. When the price of Bitcoin rises to a very high position, its volatility will become smaller, and Bitcoin will be more conducive to trading and hedging. Its use value is prominent.
So where has the role of bitcoin as a means of payment as electronic digital money gone?

I would like the BTC-community to already decide how (in what capacity) to use bitcoin. Although, it seems to me, the majority sees in bitcoin only a speculative tool for enrichment.

     4. Bitcoin may become a tool for inter-country payment. This is very important. For example. The BRICS countries hope to get rid of the US dollar and use their own currency for settlement, but they cannot reach a consensus.
What kind of consensus can they reach if each side wants the dollar to replace their CBDC.

Russia once exported arms products to India and received Indian rupees, but they found that no country was willing to accept rupees.
But won't this be another reason to blame bitcoin  for purchasing prohibited goods (exported arms products)?Smiley

     5. Most Bitcoins will be concentrated in the hands of countries, large companies, financial institutions and wealthy people for value preservation and transactions.
Hasn't this already happened?

Early Bitcoin investors can deposit Bitcoin in reputable financial institutions to obtain stable returns.
I have never heard a funnier statement. Cheesy

Are you suggesting that early investors give away their bitcoins for the sake of getting some ephemeral profit? Smiley Yeah, go to hell, they will say. Smiley