Re:The Endgame for Cryptocurrency
by imtringued on Saturday August 21, 2021 @09:11AM
(#28256743)
>his way Bitcoin takes power away from governments, and the endgame will be that governments will have to adopt Bitcoin standard and use bitcoin as their reserve currency. Whoever does it first, wins.
This makes literally no sense except from the perspective of people shilling their investment.
The future of global trade is through regional bancors which are not currencies at all. There is no need for a "reserve currency". Such a thing only made sense from the perspective of a single nation that won world war 2 and dominated the world economy at the time. From the perspective of the entire world it never made any sense.
This makes literally no sense except from the perspective of people shilling their investment.
The future of global trade is through regional bancors which are not currencies at all. There is no need for a "reserve currency". Such a thing only made sense from the perspective of a single nation that won world war 2 and dominated the world economy at the time. From the perspective of the entire world it never made any sense.