@bitcoin_btc
Hello everyone!
This is the account regarding information about Bitcoin. The purpose of this account is to give information, fact checks, theories, speculations, and even the potential of this wonderful and powerful currency of the future.
If you love Bitcoin and you think Bitcoin is the future of the world’s money system, where it truly belongs to the people, follow us today and stay in the loop. We have some more posts coming soon.
P.S: If you want to support us in everything we do, make sure you donate some BTC to us by sending BTC to this address: 3KMpQ616hamshDWcSaPLDQK1pEeKJfoFFf
BREAKING NEWS
There is speculation online that Bitcoin is expected to reach 500,000$ or more by either the end of 2025 or mid-2026. This is of course just speculation, but this highlights the potential surge Bitcoin is going to have over the next 10-15 months. If you would like more news like this, be sure to give us a follow to stay in the loop.
If you want to donate to us, please do so by donating to this address:
3KMpQ616hamshDWcSaPLDQK1pEeKJfoFFf
Could Bitcoin challenge the US Dollar?
The USD is the world’s reserve currency as countries use it to protect their currencies and make it easier to trade with others. However, in recent years, the dollar has been under scrutiny as its value has decreased by 99% in the last 50 years & only getting worse. Plus, countries from BRICS want to create their reserve currency to combat the USD. However, the US doesn’t need to worry about them being a threat, because compared to the potential BRICS currency, there is a bigger threat to the dollar that America needs to worry about, & it’s already taking place.
That threat is Bitcoin. But you may be asking, but how? As mentioned earlier, when it comes to the USD, nations use it to protect their currencies worldwide. However, the value is decreasing, & as more countries are heading towards other options, it’s only a matter of time before more countries look for better options. That’s where Bitcoin comes in.
Unlike the USD, Bitcoin’s value has been increasing for a long time now, & its decentralized nature allows anyone to trade money with each other without a central authority. Since no one can control Bitcoin, this allows countries to bypass sanctions made by other nations. With that being said, some countries are now seeing Bitcoin as a potential new reserve currency, as Bitcoin has better advantages that the USD doesn’t have, and is becoming a safer option. So while BRICS may not be the biggest threat to the USD, Bitcoin definitely is.
Could Bitcoin challenge the US Dollar?
The USD is the world’s reserve currency as countries use it to protect their currencies and make it easier to trade with others. However, in recent years, the dollar has been under scrutiny as its value has decreased by 99% in the last 50 years & is only getting worse. Plus, countries from BRICS are planning to create their own currency to combat the US dollar. However, the US doesn’t need to worry about them being a threat to the dollar, because compared to the potential BRICS currency, there is a bigger threat to the dollar that America needs to worry about, & it’s already taking place.
That threat is Bitcoin. But you may be asking, but how? As mentioned earlier, when it comes to the USD, nations use it to protect their currencies worldwide. However, the value is decreasing, & as more countries become skeptical about the USD, it’s only a matter of time before more countries look for better options. That’s where Bitcoin comes in.
Unlike the USD, Bitcoin’s value has been increasing for a long time now, & its decentralized nature allows anyone to trade money with each other without a central authority. Since no one can control Bitcoin, this allows countries to bypass sanctions made by other nations. With that being said, some countries are now seeing Bitcoin as a potential new reserve currency, as Bitcoin has better advantages that the USD doesn’t have, and is becoming a safer option. BRICS may not be a threat to the USD, but Bitcoin is.
Is Bitcoin the most powerful currency in the world?
Short answer, yes, Bitcoin is the most powerful currency in the world. But how?
Let’s look at the currency conversion rates to USD:
1 Euro = 1.04 USD
1 Swiss Franc = 1.09 USD
1 Bitcoin = 96,120 USD
As compared to other currencies, Bitcoin is ultimately superior, and is only increasing in value as time goes on.
More people are continuing to see its potential of Bitcoin, and how powerful it can really get in value. With it’s scarce supply and high demand, we can only expect Bitcoin to soar even higher in the future, especially as countries like El Salvador have officially declared Bitcoin as an official currency since 2019, marking a new era in the world of Bitcoin.
Best of all, Bitcoin is expected to be widely adopted as a reserve currency in the coming years, which will challenge the dominance of the US dollar and skyrocket the Bitcoin price beyond levels never seen before. How? Our next post will talk more about it.
If you support Bitcoin and it’s massive potential, be sure to give us a follow to stay in the loop.
Hello everyone!
This is the account regarding information about Bitcoin. The purpose of this account is to give information, fact checks, theories, speculations, and even the potential of this wonderful and powerful currency of the future.
If you love Bitcoin and you think Bitcoin is the future of the world’s money system, where it truly belongs to the people, follow us today and stay in the loop. We have some more posts coming soon.
P.S: If you want to support us in everything we do, make sure you donate some BTC to us by sending BTC to this address: 3KMpQ616hamshDWcSaPLDQK1pEeKJfoFFf