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I agree with the sentiment, but wouldn’t say its so simple as just wire transfer. Its very possible Bitcoin will become a reserve currency/asset for macroeconom
by meowkit 6y ago
I agree with the sentiment, but wouldn’t say its so simple as just wire transfer. Its very possible Bitcoin will become a reserve currency/asset for macroeconomic exchange. If its not controlled by any one country or bank, it removes the effects of currency hegemony we have seen across the centuries.
Countries will still maintain their own currencies for legal tender/monetary policy purposes, but they will likely be in the form of CBDCs and have interoperability with public and private blockchains.