So when the $20 Trillion caves in and the $200 trillion of unfunded liabilities caves in what happens to the value of bitcoin, steem and ethereum etc?
What do you think.
So when the $20 Trillion caves in and the $200 trillion of unfunded liabilities caves in what happens to the value of bitcoin, steem and ethereum etc?
What do you think.
Its really hard to say with so many variables. But since bitcoin doesn't rely on the dollar or any fiat currency whatsoever, I would like to think it would (at the very least) hold its value. Thats my best short answer to this extremely complex question.
That is a very good answer.
I am betting that it dips for a week or two then skyrockets as the wheelbarrow stock soars when people need the to get dollars to the 7/11 to buy a loaf of bread.
I am hoping I never see but I don't see a way out of this bubble without popping it.
We can thank all the kick the can spineless turds we continue to send to K Street.... I mean Congress.
Ive been to war in countries where currency was hyper inflated and it wasn't pretty so i dont hope that for any country, especially my own.
Now saying that, i dont see a way out off this mess either, the bubbles coupled with russia and china leaving the petro dollar, we are not in a good place.
So yes, i do believe your right and that is why i am stocked up on cryptos, beans and bullets. ;)
And fuck congress... 'nuff said. Lol