pull down to refresh
10 sats \ 0 replies \ @mdominicorobin24 26 Aug \ on: Is it still reliable to use Bitcoin to back a Dollar? bitcoin
Yes, it is. If a unit of Bitcoin reaches 2 Million US Dollars Bitcoin can reach the 39 Trillion Market Capitalization level. Since the Accounting Standards organizations are leaning towards a favorable ruling of placing Bitcoin as an Asset in the Balance Sheet or Consolidated balance sheet it can spike in price when everybody in the world is going to bid at higher prices.
https://youtu.be/K80JOBpjE1Q?si=zYeGVUJ-nPknUPYK