Brian Armstrong, the CEO of Coinbase, expressed an unexpected yet intriguing thought: $BTC , contrary to the common belief about competition, may actually help the US dollar maintain its status as a reserve currency. This statement overturns the traditional perception of Bitcoin as a threat to fiat currencies.
Armstrong claims that in the context of increasing global economic instability and the growing popularity of digital assets, the USA has a unique opportunity to leverage its influence to integrate Bitcoin and other cryptocurrencies into its financial system. If America becomes the global leader in the development of the crypto industry, it will allow it to maintain its economic and financial dominant status, and the dollar, as a result, will remain a key reserve currency.
Instead of fighting Bitcoin, Armstrong calls for cooperation. He believes that creating clear regulatory frameworks, fostering innovation, and attracting capital to the U.S. crypto sector can transform Bitcoin from a potential competitor into a powerful tool for strengthening the dollar's position. This will allow the USA to maintain leadership in global finance in the new digital era.
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