Macroeconomic guru Lyn Alden is laying out how Bitcoin can ultimately make its way onto the balance sheets of central banks of nation-states.
With countries around the world freezing and seizing assets from Russians while sanctioning the country’s assets, Alden says it is demonstrating a solid use case for Bitcoin.
"And the bigger Bitcoin gets, the more widely held it is, the more liquidity there is, the more central banks can start looking at that as a viable mutual reserve asset because it kind of fixes two things for them...
One, they have an asset that can’t be frozen by a unilateral third party, and two, they also can go around sanctions and they can have permissionless payments, and so that is something you’d think would become more attractive to countries around the world.”
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