What is the gain if the US dollars is backed by Bitcoin? Is this even a possibility? This came from Kennedy and also Trump claimed that he will make sure that Central bank digital currency won't become a thing.
When you bring something like this and include the source link so we can believe what you are saying, since many of us haven't heard about it, I doubt if this is a made-up story.
However, this is going to be impossible, man. I don't think it will happen because Bitcoin is decentralized, not centrally controlled by anyone. and because from the day it was created, it was not controlled by anybody. Even now, it will not be done that way. Also, remember that US dollars are a centrally controlled currency that is controlled by the US government.
What are the advantages and the disadvantages you see here? Ate these people just saying anything that they can think of?
Will Bitcoin become better if any of these become possible?
This will not be going to give any advantage to bitcoin but disadvantages because they will disturb the investors by maybe paying tax and other things that were not there before. However, bitcoin is already better as it is now. We just hope for more betterment of bitcoin, and nothing more than that. If any government tries to put their hand in bitcoin, I don't think they will be able to accomplish that because that is not how it was created. I think they can just leave the currency the way it is because regardless of their hatred or something, they can control it.