#btc / usdt

The dollar is at risk of being replaced by Bitcoin

The CEO of Coinbase, Brian Armstrong, has issued a striking warning about the future of the global financial system, confirming that the rise of government debt, particularly in the United States, could pave the way for Bitcoin to become the global reserve currency.

In his speech at the company's annual summit in New York, Armstrong stated: "Democratic systems around the world are suffering from increasing deficits without oversight... Throughout history, when currency is detached from hard assets, it always ends with overprinting and monetary collapse."