The Calm Before the Bitcoin Storm

>doesn't understand how greed and fomo work at an multinational corporate scale.

>doesn’t understand that the largest country with budget and trade deficits isn’t going to let an unregulated competing currency destroy the dollar

>Bitcoin is about to Moon
its not

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Destroy the dollar?? Its just digital gold they don't care since they are buying it through 3rd parties

>the largest country with budget and trade deficits isn’t going to let an unregulated competing currency destroy the dollar
It will still have the dollar, but it will be a digital dollar, backed by Bitcoin. Once the flood starts, as it has now with deep-pocketed corporations consuming in excess of the daily supply, it's not going to stop. Other corporations will act in a predictable manner, and their funding influences government policy. Value will flip through the filter of Bitcoin and future government activities will be forever traceable on the Bitcoin blockchain.

Bitcoin at 100k implies that bitcoin eroded demand for dollars especially bonds due to low yields. It’s not going to go as smoothly as you think

>still thinks that the US is the biggest economy in the world.
>ngmi

The dollar will be backed by bitcoin? Do you understand how delusional you sound. Iran and China use bitcoin you think the US government will embrace Iran’s currency? Weird

Bitcoin will not exceed 25k a coin. As other anons have said before, the US isn't going allow BTC to rise to 100k.

The point is that the US dollar is the global reserve currency its status as the top asset is what allows huge budget and trade deficits without inflation. Pretty simple. The dollar is crashing now soon the government will ban dollar alternatives