Bitcoin As ‘Neutral Reserve Asset’ Could Overhaul Financial System, Says Analyst
Posted On December 16, 2024
Prominent financial analyst Luke Gromen sees Bitcoin (CRYPTO: BTC) or gold potentially serving as solutions to mounting economic challenges in the face of increasingly precarious sovereign debt situations.
What Happened: In a recent episode of the ‘What Is Money’ podcast with Robert Breedlove, Gromen pointed to the U.S.’s $36 trillion debt, warning of its long-term instability.
He proposed that adopting a neutral reserve asset—like gold or Bitcoin—could provide a strategic solution, especially for nations looking to stabilize their economies and reduce dependence on the U.S. dollar.
“The game theory has shifted,” …
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