Donald Trump, likely next president of the United States, has put water in his wine regarding bitcoin.
Trump is no longer against bitcoin
The former US president dropped a bomb on CNBC by declaring “we will one day let people pay in bitcoin”. “It’s a form of additional currency. »
This contrasts with his past statements. “Bitcoin appears to be a scam [scam] »he launched in 2021.
“I don’t like it because it’s a currency that competes with the dollar”, he added. An opinion repeated this Monday at the microphone of Joe Kernen:
“I will not allow countries to free themselves from the dollar. The end of the dollar as the global standard would be tantamount to losing the war for independence. »
Unfortunately for the United States, the dollar is losing its luster. The most important emerging nations are abandoning it. The world needs a new international reserve currency and bitcoin is built to take on this role.
Our article on this subject: Bitcoin must replace the dollar.
Indeed, the freezing of 300 billion euros and dollars belonging to Russia has not gone unnoticed around the world.
Our article on this subject: Bitcoin and the freezing of 300 billion Russian dollars.
Even the European Central Bank has privately warned that seizing Russian assets could damage the euro’s international reputation as the second international reserve currency.
Similar concerns are being expressed in the United States regarding the dollar, which represents 58% of global foreign exchange reserves. As the Russian president recently said:
“The United States is harming the dollar by banning certain countries from using it. […] They only undermine the power of the dollar, which is the opposite of the intended result. »
Some financial experts say there is no cause for alarm. They argue that there are few alternatives to the dollar, the euro and other G7 reserve currencies.
It’s relying on bitcoin. Stateless, anti-inflationary and uncensorable, bitcoin is designed to replace the euro and the dollar as international reserve currencies.
Whether the empire likes it or not, bitcoin has all the qualities to oil international trade and put all nations on a monetary equal footing.
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