Will Cryptocurrency Replace The Dollar

[no_hypocrisy]

5. It can't, simply because the value of the currency is constantly fluctuating.

Last edited Wed Jul 16, 2025, 08:28 AM - Edit history (1)

The American Dollar is dependable because a dollar is a dollar is a dollar, minute by minute. The VALUE of a dollar changes according to inflation, not by its sale. That's why we don't trade and do transactions in precious metals, such as gold and silver.

Could Bitcoin Replace the Dollar and Become the Global Reserve Currency?

Given the concerns over tariffs and a potential global trade war, a growing number of investors have suggested that Bitcoin (BTC 1.53%) might eventually replace the U.S. dollar and become the global reserve currency. Is this likely to happen? The answer, of course, is no.

Does Bitcoin meet the criteria of a reserve currency?
First of all, it's debatable whether Bitcoin has the right characteristics to be a true reserve currency. According to the Federal Reserve, money must serve three critical functions. It must be a store of value. It must be a medium of exchange. And it must be a unit of account. Bitcoin does not yet meet all three of these essential criteria.

https://www.fool.com/investing/2025/06/23/could-bitcoin-replace-the-dollar-and-become-the-gl/#:~:text=Given%20the%20concerns%20over%20tariffs,%2C%20of%20course%2C%20is%20no.