The problem with a world reserve
Currency is that one country benefits
More because they are in “control” of
The supply and interest rate of money.
This gives that country an exorbitant
Privilege and ability to abuse the power
Therefore
What we need is a neutral base layer of
Money that can serve as a reserve
Asset for the world, not controllable
By any group or country, open to all.
Bitcoin is this completely neutral
Base layer available to the world
Jan 25, 2024
Jan 25, 2024 at 1:31 PM UTC
The problem with a world reserve
Currency is that one country benefits
More because they are in “control” of
The supply and interest rate of money.
This gives that country an exorbitant
Privilege and ability to abuse the power
Therefore
What we need is a neutral base layer of
Money that can serve as a reserve
Asset for the world, not controllable
By any group or country, open to all.
Bitcoin is this completely neutral
Base layer available to the world
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