Bitcoin News in the Current Global Monetary War

[Suba]

On the Simply Bitcoin Youtube channel (youtu.be/30-LbwSCKG0) highlights the decline in USD dominance, and many countries are starting to take Bitcoin as an alternative reserve fund, on the other hand, some countries that are not friendly to Bitcoin such as the UK and Germany are starting to feel the negative impact or economic pressure, this proves that Bitcoin's role has been real in the geopolitical map.

Many experts consider China to have made a blunder, by selling confiscated Bitcoin and buying gold, although in the short term gold often leads but will be chased by Bitcoin at a very high speed.

The US has announced that it will have one million Bitcoins, if global trade has used Bitcoin as a global payment instrument by at least 5% then the price of BTC will soar to US$1 million per BTC.

 

[magnus2022]

The future is bright for bitcoin but i don't expect sudden rise to a million dollars! Bitcoin is becoming a universal currency very likely to overide United State's dollar. Let's continue to watch!

 

[Stardom22]

I think that bitcoin adoption would be so higher that majority of countries would be using that. That would really raise the prices for bitcoin for sure.

 

[kit_hung]

Bitcoin is now considered an economic weapon and some countries are using it as an alternative reserve instead of the dollar.
Countries like the United States are reportedly seeking to own one million Bitcoins, which signals a major shift in the global financial system. Experts say that if even five percent of global trade uses Bitcoin, its value could rise to one million dollars per BTC.
At the same time, countries like China, the United Kingdom and Germany are facing economic pressure to oppose or ignore Bitcoin, a situation that shows that Bitcoin's place on the global political and economic map is real and continues to grow rapidly.