Market Cap: $3,052,473,135,211
24h Vol: $86,926,750,486
Cryptocurrencies: 28005
Markets: 116055
Cryptocurrencies: 28005
Markets: 116055
Market Cap: $3,052,473,135,211     
24h Vol: $86,926,750,486
Seeking Alpha 2021-02-09 07:04:53

Thoughts On Bitcoin And Reflation Trades

Thoughts On Bitcoin And Reflation Trades
Bitcoin is not backed by anything and has no intrinsic value.It is not a means to pay taxes and bank debt which is what creates inherent demand for so-called fiat currencies.Recessions and high unemployment would be incurable because supply is fixed. There is no way to stimulate under a BTC standard.BTC does not own the blockchain technology, meaning there are no barriers to entry.A central bank digital reserve currency (USD replacement) would be more like an SDR or a weighted basket of fiat currencies, not BTC.
esptco-banner img
Latest News

Videos

  • What Is Better ? Hardware Mining or Software Mining? Pros & Cons Fully Explained!

  • What is a Shiba Inu Coin & How Does it Work? Simply Explained!

  • 10 Ways to Make Money Via Crypto | Step by Step Guide to Make Money Online!

  • How to Buy BTC with Binance Mobile!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire