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RE: Bitcoin as currency reserve

in #money6 years ago

Bitcoin could be a reserve currency which the world will come to adopt but the thing that worries me is the speed at which these financial institutions and countries accept it. I hope it won't become a scenario where the rich and high mighty converts it into something else and uses it as another commodity to deny the poor from even having a chance to improve their lives through investment. We are aware that when any thing becomes generally acceptable by the population, it becomes difficult to access by the middle class and the poor and mostly affordable by a few sample.