Bitcoin is a better reserve currency than gold
bitcoin·@jacor·
0.000 HBDBitcoin is a better reserve currency than gold
### The United States dollar has been the global reserve currency since 1944 when it was chosen at Bretton Woods. # When we really think about a reserve currency, to be fair to all nations and currencies the reserve currency should not be any of the international currencies, like USD orGBP. ## Bitcoin can fulfill this role as it is not owned by any corporation, country or institute. Bitcoin is owned by the people, and managed by a blockchain. # Should you be interested to learn how the USD was chosen as the worlds reserve currency, you can read the following article: [How the USD became the worlds reserve currency]( https://www.investopedia.com/articles/forex-currencies/092316/how-us-dollar-became-worlds-reserve-currency.asp) # https://files.chepicap.com/news/2019/01/10/v2_large_52e2c7cb033d0e6a995cbcd0989e6d6007e300fe.jpg [Image Credit](https://files.chepicap.com/news/2019/01/10/v2_large_52e2c7cb033d0e6a995cbcd0989e6d6007e300fe.jpg) ### Bitcoin has all the properties and features of gold: These are summarised very nicely by Sudhir Khatwani in his post [What Determines The Value Of Bitcoin?](https://coinsutra.com/value-of-bitcoin/) > • Fungible – One unit is equivalent to another. >• Divisible – Can be divided into smaller units of value. >• Acceptable – It is widely accepted as a medium of exchange >• Limited in supply – Supply is capped and constant >• Uniform – All versions of the same denomination have the same value. >• Portable – Can be carried along and exchanged. >• Durable – Can be used a number of times without degrading. ### People are corrupt and greedy # https://www.secretentourage.com/wp-content/uploads/2009/04/greed.jpg [Image Credit](https://www.secretentourage.com/wp-content/uploads/2009/04/greed.jpg) # Money and greed are powerful forces that become corrupting influences on people and their environment. In the event where an international currency are used as a reserve currency, the chosen currency will always have a leading edge over any other currency in the world. Bitcoin can level the playing field! When Bitcoin is used as the reserve currency it will be transparent and fair to all nations and currencies around the world. Here is a recent article from [Max Keiser: Bitcoin Will Say Goodbye to USD, Turning into World’s Next Reserve Currency](https://u.today/max-keiser-bitcoin-will-say-goodbye-to-usd-turning-into-worlds-next-reserve-currency) # Happy Steeming! _______________ <center><a href="https://steemit.com/@jacor" target="_blank"><img alt="" border="0" src="https://s26.postimg.org/ddy62c3h5/Follow_Me_Rectangle_Small.png" /></a></center>
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