Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

While Terraform Labs is not exactly a bank, it is issuing its own digital cash to make paying for things easier – and it’s about to be backed by bitcoin. This is a big deal for anyone with a vested interest in the Bitcoin system, even if you vehemently reject altcoins (non-bitcoin cryptos; there is another, less flattering term for these).

Originally Posted on: https://www.coindesk.com/markets/2022/03/27/just-as-hal-finney-predicted-bitcoin-is-being-purchased-to-act-as-a-reserve-currency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: George Kaloudis

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