Jay Sawyer of Glenview, IL Talks about the Possibility of Bitcoin Displacing the Dollar as a Global Monetary Reserve Asset In The Near Future


Posted March 10, 2021 by thomsonsheri1

This Press Release is written to inform the readers that Jay Sawyer of Glenview, IL talks about the possibility of Bitcoin displacing the dollar as a global monetary reserve asset in the near future.

 
Jay Sawyer of Glenview, IL closely follows electronic currency and feels that the coming global monetary reset will likely diminish the dollar as the world’s monetary reserve asset of preference. According to him, there is a reasonably good chance that Bitcoin will displace the dollar as the world’s de facto monetary reserve asset of choice.

Jay Sawyer of Glenview, IL also feels that Bitcoin is not designed to be a volume transactional currency. The block size of the actual Bitcoin (not the Core impostor), he says will never be increased above 1MB as immutability is a major attribute of its reliability as a trustless (aka trustproof) store-of-value. The alternative of using social consensus and democracy (to mutate Bitcoin) would destroy everything as it always does.

About Jay Sawyer

Jay Sawyer is a long-time philanthropist who is associated with several noble causes. He is an animals’ rights activist, environmentalist, and an advocate for world peace too. A lover of nature and wildlife, Jay strives hard to inform and educate the masses about the causes that drive him. He is quite determined about making a long-lasting impact on the society.

As far as his personal life is concerned, Jay is a skilled tennis and pickleball player. He takes great pride in introducing himself as the biggest Chicago bear fan who attended more than 10 games in the year 1972 and every single game in the year 1985.
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Issued By Sheri Thomson
Country United States
Categories Finance
Tags jay sawyer glenview il
Last Updated March 10, 2021