The days of America relying on its currency status as the reserve currency of the world may be numbered, and it just might be Bitcoin, not China or Russia, that does it. Without this special status, the United States would be significantly less capable of constantly printing new money as a way to pay for the numerous massive programs the DNC wishes to build and sustain.
US Will Likely Lose Reserve Currency Status in 15 Years, Hard to Unseat Bitcoin as Store of Value – Markets and Prices Bitcoin News – news.bitcoin.com
He explained that the Fed’s policies and heavy debts and deficits will threaten the dollar’s status as the world’s reserve currency. “I can’t find any period in history where monetary and fiscal policy were this out of step with the economic circumstances, not one,” he described, adding:
If we’re going to monetize our debt and we’re going to enable more and more of this spending, that’s why I’m worried now for the first time that within 15 years we lose reserve currency status and of course all the unbelievable benefits that have accrued with it.
