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RE: Who doesn't hold Bitcoin?

in LeoFinance4 years ago

Another great post!

At what point do you believe we will see central banks throw in the towel and start FOMOing into Bitcoin? I believe that's a possibility once the tech giants are all on board. Under that scenario, fiat currencies would become mere centralized transfer mechanisms for the value stored in BTC. What if the US dollar, the euro etc. became second layers to BTC? :D

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Even central banking is a pyramid. The central banks at the bottom of the pyramid who are hyperinflating will be forced to enter Bitcoin much sooner than the others. It will be interesting to see what kind of an effect this has on their local countries.

Yes, I agree.

What a great potential equalizer that is! Marginal countries forced to consider radical ways to fix their problems will get the early adopter benefits!

I guess those countries will better be able to stay solvent.

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