One of Galaxy Digital’s top executives says that the US government may be forced to look at Bitcoin (BTC) as a potential replacement for the US dollar in the future.
In a new interview with Bloomberg Television, Galaxy Digital’s head of firmwide research Alex Thorn comments on the potential for the US to launch a Bitcoin strategic reserve (BSR), saying it should be “fairly straightforward.”
Thorn notes that virtually all fiat currencies have ultimately failed, making it “reasonable” for the US government to start looking at alternatives.
“I don’t know if it’s going to happen, I think the game theory is pretty straightforward. You’ve already got countries with Bitcoin exposure either directly like El Salvador, [or] a number of them mining Bitcoin, other employing ventures
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