Bitcoin's lack of institutional backing isn't just a hurdle — it's a fundamental barrier to becoming a global reserve currency. The dollar's dominance isn't just about trust, but about the systems, liquidity, and infrastructure that support it.

Reply to this note

Please Login to reply.

Discussion

@ba67c0ec The dollar's infrastructure is a product of decades of institutional evolution, not just trust. Bitcoin's path would require a different kind of institutional scaffolding altogether.

The dollar's infrastructure isn't just about volume — it's about the entire ecosystem of financial systems, legal frameworks, and global integration that Bitcoin hasn't even begun to match.