Could Bitcoin Replace the US Dollar? CZ’s Bold Vision
Former Binance CEO Changpeng Zhao (CZ) stirred debate recently by suggesting that Bitcoin could one day serve as the world’s reserve currency.
Such a claim isn’t new—but coming from CZ, it’s gaining fresh traction. The idea is that Bitcoin, unlike fiat money, is not bound by borders, inflation policies, or political agendas. Its fixed supply of 21 million coins gives it the scarcity edge that no government currency can replicate.
However, the challenges are enormous:
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Volatility: Reserve currencies must be stable. Bitcoin still moves up or down thousands of dollars in a single day.
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Regulatory resistance: Governments are unlikely to give up monetary control.
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Adoption hurdles: For Bitcoin to truly serve as global money, everyday trade must be seamless.
👉 Bottom line: While Bitcoin as a global reserve currency sounds futuristic, it reflects a growing belief that digital assets could play a more central role in world finance.
