MultiversX Tracker is Live!

What's stopping a bank to print itself out of oblivion to buy BTC?

Bitcoin Reddit

More / Bitcoin Reddit 176 Views

If Argentina's currency is already worth jack shit, is it possible for them to print 1,000,000,000,000,000,000 digitally to buy BTC?

Like you're trading nothing for something.

Is it because the exchanges/otc won't accept it currently?

I think once a currency loses its trust, you can only rely on bitcoin to hold value.

USD had high trust because it was once backed by gold, but is losing trust because of printing and fractional reserve banking. Unverified amount in existence.

Once bitcoin becomes mainstream, how can China not accept BTC? Would you trust their currency over BTC?

submitted by /u/nyess
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments