Famous entrepreneur Balaji Srinivasan explained the scenario that will make Bitcoin “the currency of everything”.
Balaji Srinivasan on social media dated March 11 with the post drew attention. US government spending is out of control Stating that the debt is increasing and the debt is gradually increasing, the experienced name said that in order to solve the problem, traditional budgeting methods will not work instead of Bitcoin may be the only escape defended.
As the government becomes financially weaker, state control will diminish and security will be under threat hinted. In such a case, interest in Bitcoin will increase and Bitcoin use will become widespread emphasized:
Fortunately, we have Bitcoin, which is not state-owned and cannot be easily seized. Any asset on a DC-controlled ledger can be sucked into the mouth, but Bitcoin holders *may* not be affected. Of course it won’t be that simple. Since the system cannot seize Bitcoin by pressing a button, it may resort to knocking on doors. It will not go down without a fight and will not leave Bitcoin owners alone. As a result, Bitcoin Maximalism will gain many conversions.