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RE: Can currently excalating TRADE WAR be good thing for crypto? I would like to know your opinion.

in #crypto6 years ago

good morning @akdx

Trade war is not a new phenomena

Trade war on such a scale is absolutely something new. I cannot think of any other trade war between 2 biggest economic partners, where both are completly depending on each other.

So, this is nothing more than conflict of interests. Everyone wants to grind his own axes

I agree. Im still wondering how this conflict of interest will play out and how will it affect crypto. Interesting times we're living in.

it won't make a much impact on global economy because share of cryptos is not significant to make any impression on world economy

Dont you think that many investors will run away from usd to crypto or other assets?

Thanks for your great comment.

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Don't you think that many investors will run away from usd to crypto or other assets?

Only time will tell. However, is not looks at present that cryptos are going to replace fiats. Crypto price is not stable till now.

Absolutely I agree with you @akdx

Traditional banking system didn't replace cash. And crypto will not replace fiat either.

ps.
you're very responsive which is absolutely great and steemit community surely will benefit by having you here.

if you would ever like to keep in touch and support each other closer, then drop me a message [email protected].
This will allow us to communicate easier.

No pressure of course,

Cheers, Piotr

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