Luke Gromen suggested that the US could benefit from Bitcoin.
Renowned macroeconomist Gromen said that adopting Bitcoin could create an additional advantage for the United States and the country could gain an economic advantage over rivals such as Russia and China.
Luke Gromen: US Could Benefit From Bitcoin
Gromen made important statements about Bitcoin in the podcast he attended.
According to Gromen, Bitcoin could become a good option for the United States if China and Russia choose to hoard gold. The macroeconomist also emphasized that US officials still see Bitcoin as a threat to the dollar.
“Bitcoin could become the dominant asset of the US. This could be quite positive for the USA.
The US financial side still sees Bitcoin as a threat, but it doesn’t have to be. It depends on how it can be used. We can experience an economic boom”
While Gromen acknowledges that Bitcoin threatens the dollar, he does not believe that the asset can replace the dollar. He also pointed out that it was a mistake to see Bitconi as a balloon.
According to Gromen, even if the US government succeeds in crashing Bitcoin, he thinks that the asset will not disappear.
Bitcoin is trading at $20.157 at the time of writing, according to CoinMarketCap data.
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