2 ms·
I'm not sure I buy this idea that everyone except the US would try and help bitcoin to survive. Sure, China would certainly be happy to see USD become less of a
by hbrav 6y ago
I'm not sure I buy this idea that everyone except the US would try and help bitcoin to survive. Sure, China would certainly be happy to see USD become less of a global standard. I think the EU might like to see the Euro more widely adopted in international trade too. But neither of those have a big interest in allowing bitcoin to become dominant. Once you do that you lose your ability to affect inflation through central bank policy, and that's something that's pretty cherished by modern states.