Post
Topic
Board Economics
Re: Bitcoin currency stability
by
Mor254
on 22/08/2019, 09:39:34 UTC
To what extent will the economic war (between the US and China) affect its future impact on the bitcoin?
Will these countries resort to bitcoin to maintain their economic strength?  And avoid economic sanctions among them?
Will Bitcoin succeed in maintaining its strength and stability as it is not under central authority?
The war is almost over and as you can see that President Trump is already reaching out to china to already have an understanding and a peaceful talk with him which could lead to the final solution to the war, so I don’t really see their war really lasting that long any more.

For the government of china and US, honestly both ate too adamant and I don’t think they will think of bitcoin as solution for now except people forces their hands down, and the only way that people can force them to accept it is if very large percentage of the country’s citizens are already using bitcoin, then it would be very difficult for them to control it even if they place ban on it, by that time they will have no choice than to also consider it but till that happens, I don’t expect any effect of their war on BTC.
If the war ended.Economic warfare and pressures can never end.
Every country is trying to impose its authority.
The Bitcoin revolution cannot succeed without state consent for its citizens to use currency