Post
Topic
Board Economics
Re: Turkey’s economic crisis can trigger the next crypto bull run
by
Bonsaiav
on 29/08/2018, 23:48:12 UTC

Fundamentally the current Turkish economic management is arguably less healthy if we look at the worsening of the twin deficits (fiscal and current account). Means it's time for Turkey to need foreign funds to finance the deficit.

Previously bitcoin had almost grown in Turkey, but things changed after their government issued a strong statement that bitcoin's illegitimate. As a result of the existence of tightening and the ban on the use of digital currency a number of investors and traders in this country preferring to throw bitcoin which they already have. For most bitcoin users, this thing is of course will cause concern that this digital currency is increasingly difficult to use as a payment instrument.