Why Bitcoin will replace the dollar and become the world's reserve currency

The US dollar has been the world's reserve currency for approximately 60 years. However, both Russia andChina indicate that they want to quitUS dollar systems, expressing concern about its high cost and the fact that the United States is constantly turning its currency into weapons, which is shocking (cases in Iraq, Eritrea, Haiti, Laos, Lebanon and 25 other countries where the United States imposed its sanctions and embargo).

So, if you take the issue seriously, weneed some other global reserve currency. And here Bitcoin (BTC) enters the scene. Bitcoin will be the next world reserve currency, and here's why.

Bitcoin may not be perfect yetcurrency, given that it is subject to volatility and has much less liquidity than other world currencies, but it certainly represents a good option.

Unlike the US dollar, Bitcoin cannot be taken away.or subject to restrictions. Regardless of whether you are an individual or an entire country, the ability to withstand violent confiscation and censorship is probably far more important than volatility, liquidity, or acceptance. Bitcoin cannot be taken away, unlike the same US dollar.

The US will continue to make weapons out of the dollar andwill face growing resistance to this order. When this happens, the belief in the functionality of Bitcoin as a means of avoiding the withdrawal of funds and restrictions will increase, and then the status of the US dollar as a reserve currency will weaken.

The recent threat of sanctions against Iraq isgreat example. If the US uses the dollar as a weapon, Iraq will lose access to its central U.S. bank account. Any adequate government will be concerned about this development of events and will begin to consider other options.

The fact that another state can so easilyto seize the wealth of your country or limit its use is frustrating and horrifying. In addition, the United States is doing so with such readiness that there is a manic desire for power, and with the worst ways to achieve it.

If you are part of the Iraqi government,you're probably already trying to find an alternative to the US dollar: choosing between different options - from gold to other major paper currencies and, ultimately, to bitcoin.

Why Bitcoin?

Bitcoin cannot be subject to restrictions orconfiscation, it is ideal for responding to aggression in a non-violent and, frankly, truly brilliant way. Bitcoin can preserve the solvency of entire countries and maintain sovereignty against the impressive fist of the government of the United States of America (the most powerful bully on the playground of the world). It is natural that the next logical step will be the transition to Bitcoin, the largest and most reliable cryptocurrency in the world.

The path of nonviolent resistance, which is the choice of bitcoin, is the perfect answer for the United States, which always behaves like feral stray dogs looking for something to eat.

Of course, such situations are complicated. If you are from the United States, you are using the US dollar as a “sanctions” weapon. But when you live in a country that is subject to US sanctions, you call it restrictions and censorship. Be that as it may, the United States clearly made clear the essence of its tactics - they will use the US dollar as a weapon against any country that refuses to fulfill their requirements. But this will not always be.

Bitcoin will be the next global reserve currency because the US is abusing its power, and the rest of the world is already tired of it.

If you want to buy bitcoin, now is the time. This can be done in one of three ways:

• cloud mining (the most profitable option in the long run),
• specialized exchangers,
• cryptocurrency exchanges.

Bitcoin will be the next world reservecurrency, which means that the US dollar will weaken. Now a number of countries are already looking for an alternative, trying to break out of US sanctions. Using the dollar as a weapon is a tactic with which many countries are too familiar. It is time to stop suffering, it is time to change something.

Trump threatens Iraq with harshest sanctions. This debacle is just snowballing.
First we invade you, then we break you & then sanction you. #Iraq #SoleimaniAssassination https://t.co/cgudcqtXjU

- Farnaz Fassihi (@farnazfassihi) January 6, 2020

The introduction of bitcoin, a cryptocurrency asset,immune to withdrawal, restrictions and censorship as a reserve currency is the most logical step. And this will happen sooner than anyone thinks. People are tired of the hegemony of the United States, but Bitcoin is gaining more and more sympathy.

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