BTC vlaue17 Jun 2025 08:50
Peoplepower1
Posts: 9,584
Price: 22.70
No Opinion
RE: New highs16 Jun 2025 17:07
From what I've gleaned and I'm no expert.
Donald Trump wants to make bitcoin the global reserve currency. The US dollar as the global reserve currency means there will always be trade deficits for the USA because the US dollar will always be too strong as the global reserve currency.
The person/people who developed bitcoin put a limit on how many bitcoins there could ever be made. The maximum number is 21 million bitcoins.
To be the global reserve currency the total 21 million bitcoins have to be worth in the region of $250 trillion.
This would mean one bitcoin having to get to something like $12 million.
Sounds crazy, I know, so do your own research please.