Quote from: AmaGold70 on August 29, 2025, 08:05:32 PM

Quote from: brownn on August 27, 2025, 09:37:32 AM

It cannot come to reality seeing the stance of current governments.

No doubt, bitcoin has proved itself useful but the governments do not want to loose their control. They want systems in place which keeps them powerful. If they make bitcoin reserve currency, they will loose a lot of power. And if they bring some type of restriction on bitcoin and then make it reserve currency, users might not be comfortable with such a situation.

Exactly what I thought, world leaders would never allow Bitcoin to be the most important or reserved currency in the world because they will definitely loose control over the financial system completely and that would make them loose power too. Bitcoin is a decentralized currency and it gives its holders the power without any interruptions from the government, the leaders knows fully well Bitcoin as a decentralized currency would only give individuals control and they won't benefit from it so I don't think the government will give Bitcoin the chance to shine more over our fiat currency. Making it a reserved currency and then putting some restrictions on it still isn't going to work out fine for them because Bitcoin was originally created to give its users the freedom of power.

Or they would just push for the usage of BTC as for transforming it back to fiat when you do operations with it - which completely gets off the point of using BTC in the first place if it's done like that.

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