Given the latest bank crisis, how long before we move to a bitcoin standard? Realistic time scales only...
Discussion
I agree with Svetski - probably a few generations
Not everyone will get there at the same time.
April and May 2023 a group of countries will accepting Bitcoin as legal tender. By September 2023 other countries will be tempted to join.
2028 US is forced by international economic landscape to peg the dollar to BTC.
25yr at soonest. Prolly longer though. Not nearly enough people own bitcoin to even consider it right now. We need almost everyone to own a decent amount of btc before this can happen otherwise they will continue to vote for new fiat bailouts etc
OK so Balaji is way off base with 90 days then 😂