BANKS ARE BUYING BITCOINS ...BITCOIN IS A THREAT TO FIAT

For anyone trying to understand how the fiat money system works in order to further understand, and try to predict how bitcoin might be affected, or possibly affect fiat, here is a short explanation of how currencies determine their value.
Currently, most of the worlds currencies are compared and valued to the US dollar, which is called Reserve, because each country must hold US dollars equal to a legal measure (which they determine) of their own currency.
Until 1971, gold was held as reserves.
This is worth noting, because gold is now just like any other product and is no longer the main store of value behind currencies.
And this is where Bitcoin becomes interesting.
The world's went off the gold reserves standard so that governments and their central banks, which are the guardians of each country's money, would have the power to create new money based on nothing more then the inflation rate they wanted to achieve. They can put new money into the economy or remove it, and use this power to coordinate the value of everything on the planet. And they have done very badly with this 4 50 years. The world is now deeply and perilously in debt.
Enter Bitcoin.
Banks are buying Bitcoin.
They were not supposed to be able to buy up most of it. We were but we screwed up.
If central banks are looking for ways to get out of self-created debt, the question arises, and it has become a discussion, weather Bitcoin and gold can be their savior?
Nobody can determine what will happen if a large portion of the currencies of the world end up stored as value in Bitcoin.
Woo
Would the federal banks, who act in a coordinated manner together to control the value of currencies, toy with the idea of using Bitcoin as the new Reserve?
This could have a staggering impact on bitcoin, ethereum and some alts.
They aren't sharing their thoughts, but the suits and banksters are really excited and invested in Bitcoin and the alts.
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It seems good

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