Gold is cumbersome to handle and prone to inflation as more and more is mined. Just one example that recently caught my attention: Germany is currently discussing how to get back the part of their Gold reserves they have stored inside the USA. It is a pretty hard task. And afterwards it would be hard to use that Gold as a means of exchange, as it would have to be physically shipped around the world.
Bitcoin seems to solve all the problems the Dollar and Gold have as a reserve currency. It is independent of trade deficits, can be stored and transferred easily. Cannot be printed away.
What alternative future is there to Bitcoin becoming the new reserve currency?
Bitcoin seems to solve all the problems the Dollar and Gold have as a reserve currency. It is independent of trade deficits, can be stored and transferred easily. Cannot be printed away.
What alternative future is there to Bitcoin becoming the new reserve currency?