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darejanit /
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2025-01-24 01:05:57
in reply to nevent1q…zcat

darejanit on Nostr: Why haven’t Bitcoin advocates realized that cryptocurrencies are competitors to the ...

Why haven’t Bitcoin advocates realized that cryptocurrencies are competitors to the dollar’s apex dominance in global finance? No reasonable U.S. government—regardless of political party—will allow Bitcoin to have any official currency function beyond being treated as a commodity, like gold. Moreover, Bitcoin doesn’t even offer true anonymity, which is why the U.S. strongly opposes mixers and tumblers. The strength of the U.S. lies in the dollar, not its military, and nothing will be allowed to undermine that.

#bitcoin
#crypto
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