Summary
Stone X Group’s chief strategist, Kathryn Vera, believes that bitcoin will not become a reserve currency like the dollar, euro, or yuan in her lifetime. This is because traditional currencies hold this status due to their importance in global trade and finance.
Key Points
1. Stone X Group’s chief strategist, Kathryn Vera, stated at a Miami conference that bitcoin won’t become a reserve currency in her lifetime.
2. Reserve currencies like the dollar, euro, and yuan are held by central banks to support global trade and finance.
3. The reserve currency status is a key reason why traditional currencies are cornerstones of finance.