The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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pak73

To: pak73 who wrote (7312)	3/8/2021 3:00:26 AM
From: elmatador	1 Recommendation of 13796

Reserve Currencies enjoy privileges. Would governments let these privileges taken away by Crypto currencies? No one enjoying such privileges would likely give them up. The guys who do not enjoy reserve privileges would love to have them. Bitcoin's Satoshi Nakamoto saw a market for a reserve currency that could be out of control of the present privilege holders. That currency would be the most valuable currency in the world and was worth the effort. At any given time, governments that enjoy reserve currencies privileges, would crack down in crypto currencies if such privileges threatens to be eroded. It is a matter of when. Not if. Or alternatively, there will be Crypto crashes that would make people lose big and they will leave Crypto alone and it fades away.

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