RE: Bitcoin to become new global reserve currency by 2030
Several years ago I wrote a news article titled “Bitcoin To Become New Global Reserve Currency by 2030”. In light of recent rapid adoption by Wall Street and big financial institutions, I’m now beginning to think it could happen much sooner than that. The US dollar has lost 95% of its purchasing power since the creation of the Federal Reserve in 1913. With the decline of the dollar and other fiat currency’s, Bitcoin is looking better and better. A decentralized global currency really makes a *** of a lot of sense to hold the title of global reserve currency. At the same time I would say that it doesn’t make much sense at all to have a single nations currency be considered the global reserve currency.