Bitcoin World Reserve Currency Is Inevitable
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The first U.S dollar, as we know it today, was printed in 1914. Over 100 years later, it’s safe to say that printer must be overheated by now. Before the United States became the world reserve currency, Portugal, Spain, the Netherlands, France and Britain all carried the torch. On average, those reigns lasted 94 years before that responsibility became too hot to handle. As our inflation issue exacerbates, people are starting to wonder: Will America drop the hot potato before the 94-year average? The conversation for Bitcoin replacing the dollar as the world’s reserve currency is heating up. Here’s my hot take.