Kim Dotcom: Bitcoin to replace USD as world's reserve currency by 2030

Kim Dotcom says the US had the 'luxury of printing USD to finance its debt' after WW2, says within 10 years Bitcoin makes its move.

@anthony256
Published Fri, Jan 15 2021 5:24 PM CST   |   Updated Wed, Feb 17 2021 5:08 PM CST

Kim Dotcom has come out swinging, with the MEGA founder tweeting out that within the next 10 years "the USD will be replaced by Bitcoin as the world's reserve currency".

He started off by saying "After WW2 the US was the largest holder of gold and other countries linked their currencies to USD. The gold standard is long gone but 61% of all foreign bank reserves and 40% of global debt are in USD. That's why the US had the luxury of printing USD to finance its debt".

But then it swung directly into cryptocurrency as the answer, where he replied to his original tweet saying: "Within the next 10 years the USD will be replaced by Bitcoin as the world's reserve currency. Nations can no longer rely on USD because of out of control US debt and excessive USD printing by the US for its own benefit. The fall of US Empire is near. Experts know and buy Bitcoin".

Kim Dotcom: Bitcoin to replace USD as world's reserve currency by 2030 02 | TweakTown.com
NEWS SOURCE:youtube.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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