Can Bitcoin Become a Global Reserve Asset?

[SUPERSAIAN]

It is good that you know that but it is not something new to us on this forum. I have been seeing posts like this before Trump become the president but when he became the president, more states and countries want to add bitcoin to their reserve asset. In the next 10 to 20 years, many countries would have bitcoin in their reserve assets. I just wish China will change their stance also one day to be among the countries.

If the majority of the world accepts it, what will China do? They'll have to adapt to the majority. We're talking about economics, after all. By the way, I'm sure they have small Bitcoin reserves, and I think they do. Even if they did, they wouldn't disclose them because their stance on the outside world is clear.

[Oluwa-btc]

Yes it's possible to become the world global reserve Asset,
‎The fact that Bitcoin could become a global reserve asset has generated alot of attention in this modern years.
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I believe there would be an issue having Bitcoin become a global reserve assets and it's gonna come from the adoption system because so many countries up till this point are finding it difficult to accept it's usage left alone allowing it become a global reserve. So then if that would be possible then there's much possibility of it manifesting. There's so much fear even between the government and other parastatals so if it can serve as a legal entity then there's much need as a reserve assets.

[Stable090]

I believe there would be an issue having Bitcoin become a global reserve assets and it's gonna come from the adoption system because so many countries up till this point are finding it difficult to accept it's usage left alone allowing it become a global reserve. So then if that would be possible then there's much possibility of it manifesting. There's so much fear even between the government and other parastatals so if it can serve as a legal entity then there's much need as a reserve assets.

when it comes to the case of reserve it takes more than just a comment because there are procedures for all these things. The step the United States wants to take will give more leverage to be accepted by other countries, but I don't think I'm even happy because we know how the government is obsessed with control, and I'm sure it is not going to work with Bitcoin, because even before this reserve consideration, bitcoin have been surviving so we don't need all this, and any country that wants to make it there reserve should go ahead but not with the intention that they want to control and i know that its a matter of time before others will also start considering and then evetually it will become a global asset.