Bitcoin's Potential as a Global Reserve Currency and the Challenges It Faces

Bitcoin's Potential as a Global Reserve Currency and the Challenges It Faces

how countries around the world have allowed individuals to open bank accounts in Bitcoin, and how banks have resumed their traditional role of converting deposits into loans and creating new deposits or money through the lending process. This has led to a significant expansion of the money supply derived from Bitcoin, which could potentially reach levels to meet global monetary needs. However, there are several barriers that prevent Bitcoin from serving as the global reserve currency.

https://youtube.com/shorts/akRDfMLNi5o?si=EulNrH_WvOEdqcja

Back to blog

Leave a comment

Please note, comments need to be approved before they are published.