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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.
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.