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Former Canadian prime minister names Bitcoin as possible reserve currency
- bawolff 6y agoWell, glad harper is former PM in that case. Seriously, not sure why you would want bitcoin for this. Even going back to the gold standard sounds better relatively speaking.
- sradman 6y agoThe headline misrepresents Stephen Harper’s quote in the article: > It’s hard to see what the alternative is to the U.S. dollar as the world’s major reserve currency. Other than gold, Bitcoin, a whole basket of things [...] I think you’ll see the number of things that people use as reserves will expand, but the U.S. dollar will still be the bulk of it. The evolution of the Bretton Woods System [1] is an important topic. Harper also expressed his concerns about the Central Bank of Canada possibly introducing a Central Bank Digital Currency [2] in the future. [1] https://en.wikipedia.org/wiki/Bretton_Woods_system https://en.wikipedia.org/wiki/Bretton_Woods_system [2] https://en.wikipedia.org/wiki/Central_bank_digital_currency https://en.wikipedia.org/wiki/Central_bank_digital_currency