Bitcoin To Influence The Success Western Economies & Civilization
Cryptocurrency has positively influenced western civilization, in the recent world when technology, digital finance has taken a strong foot in the world’s financial system. Looking at how far the king cryptocurrency asset bitcoin has come, in future tense a thought of bitcoin extending the existence of western civilization still intrigues me.
Armstrong who happens to be the founder of coin-base made a comment has regards fiat currencies putting up as reserve currency siting both yuan and euro. “The yuan and euro have their own issues and aren’t viable alternatives currently, so the assumption is the US can continue to inflate, but what I think many haven’t considered is that people have an alternative now with crypto. They may start moving fiat into crypto, as an antidote to inflation.
Contrary to what some may assume, I don’t think this be a threat to the dollar and the US, I think it will be a natural check and balance that will complement the dollar, and be the best defender of long-term American interests (and Western civilization more broadly). It’s better to move from dollars to crypto than to another country or region’s fiat.”
He’s positive that bitcoin will has a long lasting relationship with the success of western civilization and it’s economic strength. If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;
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