🔥While #Bitcoin heads to $50K, some people say that’s just the beginning. reuters.com/article/us-cry…
Could #Bitcoin reach $500K in a decade⁉️It depends on whether people continue to have faith that the dollar is the world’s currency. seekingalpha.com/article/440009…
🏦The reason the dollar became the world’s go to currency was due to the USD-to-gold peg. The USD was seen as a surrogate for gold because the U.S. held 75% of the world’s gold in its reserves. However the USD is no longer tied to gold and no one is sure we still hold the gold. 
🤔The Fed’s gold is valued at a tremendously low figure — just $42.22 an ounce. The rock-bottom figure was set in 1973, two years after we left the gold standard, primarily to avoid wild accounting swings.
cbsnews.com/8301-505123_16…
cbsnews.com/8301-505123_16…
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