Bitcoin As A Sovereign Reserve

▶️ Watch on 3Speak


This is from the article linked below.

Luke Gorman discussed how he believes the United States really can separate itself from China and Russia if it adopted Bitcoin as a soveriegn reserve.

In this video I discuss this viewpoint and how it would give a massive leg up on settlements.

Here is the link to the article:

https://finbold.com/macroeconomist-bitcoin-can-benefit-the-u-s-in-creating-an-economic-boom/


▶️ 3Speak



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8 comments
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If they manage to store their reserves in #Bitcoin, they will surely have a plus that other nations do not have right now and will not have in the short term either.

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What are your thoughts on using something like Monero? What is scaring me lately is the whole transparency factor. They can trace you down to an identity, and with Gensler coming out and trying to claim all ETH transactions are US based transactions. Means they can do that if the US takes control of the Bitcoin hashrate. I feel Monero can be more decentralized at this point than Bitcoin, plus you can't trace it.

But lately I have been in survival mode so it's all just money to get the things I need anyway.

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A threat? Perhaps. A bubble? No! How about viewing BTC as an opportunity? That's how Gromen sees it.

Posted Using LeoFinance Beta

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Monero is what BTC should have been.

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(Edited)

greetings @taskmaster4450
no doubt for many of the crypto detractors this is crazy but it will be a strong decision and will bring more confidence to the crypto world

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