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Will bitcoin replace the US dollar in the future?

As I said many years ago, Nakamoto Tsui's head and tail represent the mysterious financial power behind him. Now, the real body of this phantom may be the great musk.

Bitcoin has been struggling for so many years. As a virtual currency, it was designed to replace the US dollar.

Some people in China often worry about the US Federal Reserve, worrying that the indiscriminate issuance of the US dollar without anchor will one day lead to the collapse of the currency.

However, the over issuance of US dollars is not a disaster for the Federal Reserve, but a set policy and a stratagem to obtain super profits. Friedman won the Nobel Prize for this model design. It is this financial strategy that makes the United States rich.

However, the US dollar is an international currency after all. Continuous overprinting is bound to lead to inflation (excluding the United States) and the depreciation of the US dollar against other currencies. (excluding RMB. Because RMB is actually the support point of US dollar.)

So, if the sudden change of Sino US relations leads to the divorce of US dollar and RMB, and eventually the collapse of US dollar, will the international currency return to the gold standard? What a joke. After Nixon's shock in the 1970s kicked gold away, gold was just a kind of goods, not money, a precious metal. And like platinum and silver, it's just one of them.

As a natural mineral, gold can't be monopolized exclusively by dark financial group, so gold can't return to the standard and become an international currency again. Those who tout gold are like balderdash!

No other currency (RMB, euro or yen) is likely to replace the US dollar as an international currency in the foreseeable future. Why? Because the underworld financial group won't agree.

Bitcoin is the only virtual currency to adapt to the new era of intelligent economy in future design.

Recently, with the deepening of the dollar crisis, the next new era of the release of the dollar is coming. As a result, the appearance and operation of bitcoin have been accelerated. And the mysterious Sir Nakamoto musk also came to the front desk.

Nothing is accidental. All the competition in the world, stripped of those beautiful ideological rhetoric and religious coat - is ultimately for the right and power of money.

(2021-3-20)

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