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Reply to "what happens when fiat currency/USD is killed or weakend? "
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[quote=Anonymous]Damn near impossible to buy a hotdog with Bitcoin. Try it - not easy. More likely situation is the Trump tries to use some privately issued stable coin as a form of legal tender in the U.S. So your personal savings in USD will be competing with a new privately issued digital currency for transactions. This stable coin will be backed by a basket of crypto, corporate debt, and fiat currency. You can also put your USD into this digital stable coin if you want. Stable coins are able to be transacted instantly. I do not actually think we will have a national bitcoin reserve. It politicizes Bitcoin way too much; a future president can dump it all and really ruin things for the HODL crowd. The entire point of Bitcoin was to keep governments out of it [/quote]
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