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20 sats \ 1 reply \ @bitalion 5 Sep \ on: How long before the US dollar system collapses with Bitcoin as the big winner? bitcoin
I don't think it's possible in the short term. Perhaps what we'll see is a dollar that starts using bitcoin as a backing, just like gold did. The United States is not going to let the strategic advantage that the dollar represents in relation to other countries go to waste.
I also think that America will do everything to prevent the fall of the king dollar. As such, I doubt that America will go in the direction that Trump wants to push by making Bitcoin a strategic reserve asset. This would mean weakening the dollar that America can manipulate in favor of hard money that America cannot manipulate. That would be surprising.
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