US unlikely to adopt Bitcoin Standard soon, doubts without major threat to U.S. dominance
From Investing.com
December 28, 2024 7:30:19 pm:
Ki Young Ju, CEO of CryptoQuant, doubts the U.S. will adopt the Bitcoin Standard soon. He compared it to the gold standard push in the 1990s during economic crises. Bitcoin now fills that ideological space. Ju supports the idea but believes a major threat to U.S. dominance is needed for adoption.
The U.S. adopting the Bitcoin Standard is unlikely, per Ki Young Ju. He supports the idea but doubts it will happen without a significant threat to U.S. dominance. The government may buy Bitcoin for risk management or leverage, but not necessarily for the reasons BTC enthusiasts believe.
Read more at Investing.com: US and Bitcoin Standard, Here’s Big Catch, According to CryptoQuant CEO By U.Today