Reported 2 days ago
During the Coinbase Annual Summit, CEO Brian Armstrong highlighted that increasing government debt could pave the way for bitcoin to become the world's reserve currency if economies struggle to control deficit spending. He posited that with U.S. debt at record levels, the potential rise in bitcoin's value is no coincidence. Armstrong underscored the urgency for the U.S. to maintain its reserve currency status, while suggesting that if current debt issues remain unresolved, bitcoin could take on this role.
Source: YAHOO