Elon Musk Backs Coinbase’s View: Bitcoin Could Replace US Dollar as Global Reserve Currency
Elon Musk has once again shaken the financial world—this time by aligning with Coinbase’s bold outlook that Bitcoin (1) could eventually replace the US dollar as the world’s primary reserve currency. His support underscores a growing belief that decentralized digital assets are not just alternatives, but future foundations of the global economy.
Bitcoin (1) leads this shift as the most secure and scarce digital asset, earning its nickname “digital gold.” Its capped supply and trustless system offer a compelling alternative to inflation-prone fiat currencies.
Meanwhile, Ethereum (2), with its smart contract capabilities, continues to revolutionize sectors from DeFi to NFTs, laying down the infrastructure for a decentralized web.
And Dogecoin (3)—while often seen as the meme of the market—has found new life through Musk’s frequent endorsements and growing use in microtransactions and tipping.
As institutions warm up to crypto and traditional systems face growing doubt, the idea of Bitcoin as a reserve currency is no longer just theory—it’s becoming a global conversation.
BinanceSquare continues to spotlight the voices shaping the future of finance.
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