This is not even a consideration. IF the US wanted to be backed by something they would go back to the gd standard which they wont do either. Right now governments are looking to distance themselves from crypto, not use it as a backing to their own soveign currency
This clarifies the idea you have in mind polo. US won't allow their currency be backed up by cryptocurrency. They would support it somehow and it's just a matter of time through their words of mouth but seeing it to happen as you're thinking, I don't think so. 
Topic: Bitcoin start Backing USA dollar - page 3. (Read 476 times)
Bitcoin's main price is convertible to the dollar then, bitcoin will do the same to stabilize the dollar's situation?
There is no way Bitcoin would be used to back USA Dollar, what is the size of US economy and what is the market cap of BTC. People to understand somethings about Centralised government and their currencies, they want control and as long as Bitcoin remain decentralised they won't touch it, they will just create their own digital currencies.
The EU is looking to create a blockchain-based stable currency and how will it help them create liquidity? China is also ready to bring its cryptocurrency to use nationwide.
How does the US create its own cryptocurrency or will they use Bitcoin to liquidate its cash flow?
This knowledge is too much for me. We hope to receive a reasonable explanation.
How does the US create its own cryptocurrency or will they use Bitcoin to liquidate its cash flow?
This knowledge is too much for me. We hope to receive a reasonable explanation.
The USA dollar need good backer.
The Bitcoin is perfect to backing Up USA dollar.
That Can Work like real fractional reserve.
I think 2021 year the dollar Will be backed by BTC
The Bitcoin is perfect to backing Up USA dollar.
That Can Work like real fractional reserve.
I think 2021 year the dollar Will be backed by BTC
This is not even a consideration. IF the US wanted to be backed by something they would go back to the gd standard which they wont do either. Right now governments are looking to distance themselves from crypto, not use it as a backing to their own soveign currency
Yes. Surely it will happen to help save the dollar after the oil has reduced its role in supporting the dollar's value. I have followed your post on how oil impacts the dollar. Can you elaborate more? I find your discussion topics recently informative and quite interesting.
I Can say im Economic expert
The More is that oil reserves are full so anyone Can know.
So the USA and eu Will join Now their Economic.
To join its for Liquitity
Yes. Surely it will happen to help save the dollar after the oil has reduced its role in supporting the dollar's value. I have followed your post on how oil impacts the dollar. Can you elaborate more? I find your discussion topics recently informative and quite interesting.
The USA dollar need good backer.
The Bitcoin is perfect to backing Up USA dollar.
That Can Work like real fractional reserve.
I think 2021 year the dollar Will be backed by BTC
The Bitcoin is perfect to backing Up USA dollar.
That Can Work like real fractional reserve.
I think 2021 year the dollar Will be backed by BTC
Jump to: