Quote from: letteredhub on Today at 11:10:47 PM

Quote from: KingsDen on November 14, 2024, 10:33:17 PM

The sceptical chymist, I know you are either a US citizen or a resident. You should understand the country better. I have so much positive inclination to the article you shared. If I were to be the government of any country, let alone a powerful country like US, I'll use bitcoin to my advantage.

Check this;
Bitcoin remains limited in supply;
If America buys huge and make waves about it, so many countries will buy into the idea and bitcoin will surge so high. They can pay debt with it and repeat same in next circle.
Before the end of next year, wait for bitcoin at $175k+. I am no longer skeptical.

Easy to have it done on paper than having the reality outplay especially in a globe with geopolitical contention what makes you all think that those other countries will want to take the bait in buying bitcoin as country's reserve just because the USA have done so?

I envisag a different scenerio that is possible to happen which is; other countries may consider the risk of the US dumping the market since at some point the US will want to take profit to service their debt as bitcoin price increases. That idea alone my may be discouraging for many countries especially for her rivals.

Transfer of cash via regulated channels would help the smile. That is where it's at now. Besides making maximum security. Even if it's not registered as such. Anti laundry teams (The bimbo office. Bosses daughter! Don't get in trouble!). Tax on FIFO incitements. You name it.