No one is going to announce Bitcoin as the world reserve currency.

It happens like this:

Sanctioned? Settle in BTC.
Critical chokepoint passage? (Strait Of Hormuz) Paid with BTC.
Stateless/blacklisted? Pay with Bitcoin.

Settlement layer first.
Then everything else.

One day, calling Bitcoin the world reserve currency will sound… redundant.

hasherstacker

Undisciplined

Biggest myth is that it's good for criminals. It's actually not a good choice for criminals

Biggest misunderstanding is that it has no intrinsic value and is too volatile. Cash also has no intrinsic value, and volatility is a matter of perspective. One could say that dollars are volatile relative to bitcoin

AskSN

bitcoin_beginners

[AskSN] What's the biggest myth about Bitcoin?

Biggest myth is that it's good for criminals. It's actually not a good choice for criminals 

Biggest misunderstanding is that it has no intrinsic value and is too volatile. Cash also has no intrinsic value, and volatility is a matter of perspective. One could say that dollars are volatile relative to bitcoin