Post
Topic
Board Economics
Re: Bitcoin currency stability
by
Slow death
on 22/08/2019, 15:23:17 UTC
To what extent will the economic war (between the US and China) affect its future impact on the bitcoin?

When I saw your post I remembered that I read this subject several times in the news channels, it seems to me that the news channels are taking advantage of this situation to make headlines:

Digital Yuan: Weapon in US Trade War or Attempt to Manipulate Bitcoin?

Bitcoin Price Loses $10.5K Support as US-China Trade War Tensions Cool

Bitcoin Price Drops to $10,000 in Recent Downtrend


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?

Bitcoin will not replace Fiat, it can be used a lot by everyone in the world, but banks and fiat will still exist