Will Bitcoin Dethrone The Dollar As Global Reserve Currency?

News BTC | Mar 26, 2020 at 7:00 PM
  • Nations across the globe are all scrambling to create native digital currencies of their own to merge the advantages of cryptocurrencies like Bitcoin with their own dominant fiat currency.
  • Bitcoin was created during the last economic recession as a means to prevent future issues from recurring and featured many attributes that make it more favorable over any digital currencies issued by countries like China or the US.
  • And with additional benefits that could help it thrive in today’s strange new world, such as being contactless and impervious to the coronavirus, it may not be long until we find out if Bitcoin can unseat the dollar and become the global reserve currency.