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bitcoin is the perfect hedge against kleptocratic regimes and hyper inflationary economies such as cyprus, greece, venezuela, sadly the united states has not on
by noloblo 4y ago
bitcoin is the perfect hedge against kleptocratic regimes and hyper inflationary economies such as cyprus, greece, venezuela, sadly the united states has not only joined but racing up the hyper inflationary economy list. the fed added 300 billion $ and swiftly have undone the QT of the past few months within a few days with a whiff of problems at $svib, $frc, $pacw, $wal, $kre, $cs. [As of Wednesday last week, 4 months of QT have been reverted in a single week: https://fred.stlouisfed.org/series/WALCL https://fred.stlouisfed.org/series/WALCL]
the other alt coins though might have a sympathy rally are at best grifts except for privacy coins like $xmr,$zec,$grin,$beam,$ada[haskell]. $BTC as the grand daddy of crypto reigns supreme again.
- UtopiaFans 4y ago[dead]