Coin-Miners - Crypto Currency Tracker logo Coin-Miners - Crypto Currency Tracker logo

Seeking Alpha 2021-01-20 22:19:30

How And Why Bitcoin Could Become A New Reserve Currency

Amidst renewed calls for replacing the post-war Bretton Woods order, we take the opinion this has already occurred with the creation of bitcoin. Today's HODLR's might be tomorrow's (de)central bankers.Any escalation of political instability in the US would threaten the status of the US dollar as the global reserve currency. This hypothetical scenario would be an absolute disaster.We are considering buying the dip here. Bitcoin's critical mass should enable it to overcome its technical inferiority to less popular cryptocurrencies. It's not going away.

freebitcoin
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.