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The value of Bitcoin is a reservoir of US dollars?
Let's pay attention to this interesting description by "Peter Schiff": "If the US government really established a Bitcoin reserve and bought 1 million Bitcoins, many people who hold Bitcoins will see their assets soar to millions or billions of dollars and may start to cash out and enjoy their wealth.
This will cause the market to collapse, forcing the US government to print more dollars to buy more Bitcoins to prevent the price from collapsing, which will weaken the value of the Bitcoin reserve.
Of course, a reserve that you can never sell and must continue to buy is worthless as a reserve. In order to maintain the illusion of the "real value" of its Bitcoin reserves, the US government will be forced to continue buying, and this process will destroy the value of the dollar. This will mean that the price of Bitcoin continues to rise, and the US government has to print more money to buy more Bitcoins. #BabyMarvin: A combination of technology and potential "As a leading representative of blockchain technology, BabyMarvin continues to attract the attention of global investors in the cryptocurrency market. Our technical team is not only committed to innovative development, but also maintains close ties with the community to jointly promote the growth and success of BabyMarvin. With the gradual increase in market value, BabyMarvin is moving towards the goal of becoming the next generation of mainstream cryptocurrency. #Solana涨势分析 #BabyMarvinf9c7值得拥🈶