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Replace USD with Bitcoin as Reserve Currency? by quark.top

View this thread on: hive.blogpeakd.comecency.com
· @quark.top · (edited)
$2.22
Replace USD with Bitcoin as Reserve Currency?
![image.png](https://images.hive.blog/DQmegVjKNHNQ5Kf1zSutv83KwtfH5uC8iRt2PQ3wj5fD6H4/image.png)

When Larry Fink speaks, do people listen?

<p><center>________________________</center></p>

The latest test, to see if my lead image appears this time, publishing with One Bitcoin Club's UI, as the code behind this image cannot be more basic.

<p><center>
<sup>Image Source: TheStreet Roundtable post on<br>"<a href="https://www.thestreet.com/crypto/policy/usd-at-risk-of-losing-its-world-reserve-status-to-bitcoin" target="_blank">BlackRock CEO warns dollar could lose reserve status to Bitcoin</a>"<br>Clear down here, testing whether this HTML<br>code interferes with the processing<br>of the lead image in this post.
</sup>
</center></p>

<p><center>________________________</center></p>

(continuing on) ... Is the Pope Catholic?

As the CEO of <a href="https://www.statista.com/statistics/891292/assets-under-management-blackrock/" target="_blank">BlackRock</a>, in control of an estimated $10.5 Trillion dollars in Q1 2024, the answer is self-evident. BlackRock is the world's largest asset management company.

So, what is this about making Bitcoin the world's reserve currency instead of the U. S. Dollar?  Is that a serious question?

<p><center>
<img src="https://images.hive.blog/300x0/https://images.hive.blog/DQmaUpjP6piz9ZftABqrARagF2JbVMZQvxT6S4G9VZUGwRv/QT_Divider.png">
</center></p>

<h2>Strategic Reserves</h2>

There are a growing number of corporate and political institutions actively working on adding Bitcoin to their balance sheets.

Why?  And with what are they going to purchase the portion of their balance sheets being proposed for conversion to Bitcoin?

Cash!  Specifically, the U. S. Dollar!!

<p><center>
<img src="https://images.hive.blog/300x0/https://images.hive.blog/DQmaUpjP6piz9ZftABqrARagF2JbVMZQvxT6S4G9VZUGwRv/QT_Divider.png">
</center></p>

<h2><div class="phishy">Debt</div></h2>

One key to the entire discussion is the large and growing public debt burden.  This is not just a problem for the Americans.  It is a problem across the planet.

The historic answer is just to print more money.  And pretend it is not losing value, as a direct result.

How is that working out for us all?

<p><center>
<img src="https://images.hive.blog/300x0/https://images.hive.blog/DQmaUpjP6piz9ZftABqrARagF2JbVMZQvxT6S4G9VZUGwRv/QT_Divider.png">
</center></p>

<h2>Satoshi Nakamoto</h2>

Part of the answer was embedded in the <a href="https://cryptobriefing.com/bitcoin-birthday-satoshi-hidden-message-explained/" target="_blank">Genesis block</a> of the Bitcoin blockchain.  There we find a reference to this legendary figure's view of the debt crisis of 2008.

At the time, it was widely reported the entire financial system of planet earth was in danger of collapsing.

The "virtual gold" of Bitcoin was this figure's historic answer!  From its humble beginnings in 2008, how is Bitcoin viewed today?

<p><center>
<img src="https://images.hive.blog/300x0/https://images.hive.blog/DQmaUpjP6piz9ZftABqrARagF2JbVMZQvxT6S4G9VZUGwRv/QT_Divider.png">
</center></p>

If Larry Fink is bullish on Bitcoin, what do you think?

<p><center>
<a href="https://pixabay.com/illustrations/ai-generated-bull-horns-currency-8806705/"><img src="https://images.hive.blog/500x0/https://images.hive.blog/DQmQDnG5sui9weKbiDbJNitcvRVdn4zvs7bYA4KPAXVKF6b/ai-generated-8806705_1280[1].jpg" target="_blank"></a><br>
<sup>Source: Creator <a href="https://pixabay.com/users/pakakhlaq-28111915/" target="_blank">pakAkhlaq</a> on <a href="https://pixabay.com/illustrations/ai-generated-bull-horns-currency-8806705/" target="_blank">Pixabay</a>
</sup>
</center></p>

Maybe allocating a little time to building up some Sats of Bitcoin via participating in the new One Bitcoin Club is worth your consideration?

<p><center>________________________</center></p>

<ul><ul>
<li><sup>
Published as a part of my ongoing efforts to troubleshoot issues and solve as many of them as I can manage on my own, we'll see how this goes.
</sup></li>
</ul></ul>



What are your thoughts about increasing the amount of Bitcoin in your portfolio, in general, and contributing to the growth of this new community on the Hive blockchain, in particular?


Best wishes, until we meet again,
QT

<center><h2>
👋❤️👋
</h2></center>

<p><center>
<img src="https://images.hive.blog/500x0/https://images.hive.blog/DQmT2SxtrtCa1BtrWugjqwGyd4gPigLSueVC4yePTgEYAnr/QT_Brand_Closing.png">
</center></p>

<p><center>
<a href="https://pixabay.com/vectors/bitcoin-digital-currency-4130319/"><img src="https://images.hive.blog/2
00x0/https://images.hive.blog/DQmYpDYrFzaP3k5XuBqCh2RBGNKzbQ33U9oA78KyBd48jka/bitcoin-4130319_1280[1].png" target="_blank"></a><br>
<sup><sup>Source: Creator <a href="https://pixabay.com/users/gdj-1086657/" target="_blank">GDJ</a> on <a href="https://pixabay.com/vectors/bitcoin-digital-currency-4130319/" target="_blank">Pixabay</a>
</sup></sup>
</center></p>


<p><center>________________________</center></p>

<p><center>
<h4>🤝&nbsp; <a href="https://peakd.com/introduceyourself/@quark.top/engespdeu-introduction-qt-enters-the-hive-portal" target="_blank">Partnership Pledge!</a>&nbsp; 🤝</h4>
&#x2022; &#160;10% of Post Payout to Comments<br>
&#x2022; &#160;1 <a href="https://peakd.com/hive-140084/@freecompliments/an-updated-explanation-of-hsbi-a-wonderful-service-for-those-who-plan-to-stick-around-hive-for-a-long-time-26q" target="_blank">HSBI</a> to the Best Comment
</center></p>

<p><center>________________________</center></p>

<p><center>
<h4>🥲&nbsp; Pledge <div class="phishy"><em>Not</em></div> Honored!&nbsp; 🥲</h4>

&#x2022; &#160;<b><em>Not</em></b></div>&nbsp; due to a change of heart.<br>&#x2022; &#160;Uncertainty about the accounts which did comment.
</center></p>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (34)
@btc4content ·
🎉 Congratulations 🎉
<br>Cogratulations, your post has earned some satoshis. Check your Lightning wallet
<br>Welcome to Hive!
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@quark.top ·
First assuring you that I appreciate receiving these satoshis, @btc4content, I am responding letting you know this appears to be an overpayment, as is also true of the other comment I find you sent within the last day or so.

In both instances, you had already sent the 1 HBD previously.  Note my profile refers to doing what is good, what is right, what is true.  I am happy to return these 2 HBD, if you wish.

Being unapologetically detail-oriented, I will say one of my OBC posts received nothing, so ...  Do I "owe you" a return of 1 HDB or 2 HBD?  Hmmm.  Well, whatever I do will depend on whether or not I receive a response.  In which I will assume to hear from you directly on your intent.
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@commentrewarder · (edited)
@quark.top, I paid out 0.311 HIVE and 0.066 HBD to reward 1 comments in this discussion thread.
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@hivebuzz ·
Congratulations @quark.top! You received a personal badge!

<table><tr><td>https://images.hive.blog/70x70/https://hivebuzz.me/badges/pud.png?202504011109</td><td>You powered-up at least 10 HIVE on Hive Power Up Day!<br>Wait until the end of Power Up Day to find out the size of your Power-Bee.<br>May the Hive Power be with you!
</td></tr></table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@quark.top) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>


**Check out our last posts:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pum-202503-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202503-result">Hive Power Up Month Challenge - March 2025 Winners List</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202504"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202504">Be ready for the April edition of the Hive Power Up Month!</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pud-202504"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202504">Hive Power Up Day - April 1st 2025</a></td></tr></table>
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@neblomax ·
> What are your thoughts about increasing the amount of Bitcoin in your portfolio, in general, and contributing to the growth of this new community on the Hive blockchain, in particular?

It seems innovative, that users have this direct approach to Bitcoin may play some kind of long-term change. 
👍  
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vote details (1)
@quark.top ·
Yes, it may, @neblomax.  There are some hurdles to clear.  We'll find out soon enough what, if any, efforts will be made to clear them.
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@quark.top ·
@neblomax, why are you being downvoted by TheMarkyMark?
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@neblomax ·
I have been asking myself the same question for months, and honestly I would like to know what the reason is.
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@rogerlabanane ·
I love to buy small amount of Satoshi on regular basis on the V4V app.
It will be saved in the wallet for future investment
Thank you
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@quark.top ·
Would you consider it a fair question, @rogerlabanane

<p><center>
<a href="URL Source">
<img src="https://images.hive.blog/500x0/https://images.hive.blog/DQmNVq7TuSCGGtCpxXJP9tqyr31z5CMoghuwPbWSW5aVy5s/image.png" target="_blank">
</a><br><sup>
Source: Transactions in <a href="https://peakd.com/@v4vapp/wallet" target="_blank">v4vapp</a>'s wallet
</sup><br>
</center></p>

if you were asked what your relationship is to oadissin?
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@rogerlabanane ·
Yah, it is my main account on Hive
I found better to make a distinction between the main account to this current account.<div><a href="https://engage.hivechain.app">![](https://i.imgur.com/XsrNmcl.png)</a></div>
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