Bitcoin’s Long Game: The Gradual Shift from Fiat to Digital Money
Bitcoin’s potential to disrupt traditional fiat systems is bolstered by its increasing relational properties and the deteriorating properties of fiat currencies. The role of stablecoins as a gateway for users transitioning to Bitcoin further enhances its competitive edge. With the US likely to face challenges in maintaining its economic dominance through traditional means, the ease of access to alternative forms of money like Bitcoin and stablecoins presents a significant shift in the global monetary landscape. As stablecoin adoption grows, it not only serves as a bridge to Bitcoin but also highlights the vulnerabilities of traditional fiat systems in the face of evolving digital financial solutions.
