![bitcoin as a reserve currency](https://deutschedigitalassets.com/wp-content/uploads/2020/11/Bitcoin-1024x682.jpg)
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The former Conservative prime minister explained that rezerve currency has Canada, said bitcoin could potentially of exchange, as a unit currency, but it isn't going store of value.
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Bitcoin will become 'reserve currency', it is 'deflationary' - Sandi BitencA stablecoin backed by bitcoin reserves, according to Kwon, "will open a new monetary era of the Bitcoin standard", referencing the gold. Bitcoin's potential as a reserve currency depends on stability, widespread acceptance, and reliability. Its acceptance and adoption may vary. In conclusion, determining whether Bitcoin can replace the USD as the global reserve currency hinges on personal perceptions and beliefs.
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