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Will bitcoin become the best way to measure the strengrh and legitimacy of fiat currencies. (Reddit Bitcoin)

The weakest currencies are already rocketing past bitcoins 2021 all time highs, some are double their previous all time high.

Some of the weaker western currencies are just below their all time highs like the British pound and Australian dollar.

And the strongest fiat currencies are still a fair way off of hitting new all time highs like the US dollar and Swiss franc.

This seems like a way to directly measure the strength of each fiat currency as bitcoin is global. Instead of measuring the worlds currencies against the US dollar as is done today the world should be measuring the strength of their national currencies against bitcoin.

submitted by /u/slvbtc
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