I'm certain that BTC is NOT going to be preferred by any state. They dry not have control over it, so it cannot be used to do the dirty deeds that they wish to do with monetary systems.
Discussion
That's exactly why I said not to trust everything in the article. I just said what the article was trying to proclaim. What I believe is that it's trying to turn people against Bitcoin and convince the populace that staying away from it will, somehow, help increase the strength of the dollar.
I think the BRICs countries want to weaken the dollar's hegemony further. There isn't much good competition, as the euro is trash abs the pound hasn't be relevant for a long while, either.
I expect a new currency to be minted digitally for that purpose.
Yea, definitely. I'm not sure what kind of compromise they'll end up reaching, if it even reaches that point. I don't think it will. I think things will collapse FAAARRR quicker than we all expect.
To be frank, I think this need to have complete control over the global reserve currency will be the end of all these sadists. Eventually things will go too far—like if the UK's plan for conscription gets implemented—and everyone will lose it. Perhaps, martial law will end up waking people the fuck up. 🤷♂️
It will wake up some people, but not others. It will come down to a small, dedicated group, as usual.
And I do think you're correct. A complex system like that is bound to fail.