/biz/ - Business & Finance

>>25037608
The dollar as dying. Every fiat eventually dies and it's almost the dollars turn. Just like the debasing of the Dinari in ancient Rome, we now have endless printing. Continued inflation. Interest rates have been falling globally for decades and they are now going negative. US interest rates are next. And we are still printing billions of it, making it even more worthless.
Why would governments buy btc? It would start with smaller nations like Iran. They have already used bitcoin to circumnavigated US sactions.
Then maybe a country like Venezuela adds some bitcoin to their treasury, after finally realizing they keep getting fucked by dollar pair in international trading and hyperinflation.
By this time every central bank has or is getting a digital currency anyway. Why wouldn't the average person trade SOME shitty ass fiat dollars that are can be printed endlessly for some bitcoin, where there only ever be 21 million ever in existence? At this point bitcoin has gone through another 4 year cycle, the market cap is in the trillions, is hasn't been hacked, hasn't ever stopped trading or functioning. It overtakes gold in marketcap. Then major countries central banks begin to add bitcoin to their treasuries.