Post
Topic
Board Economics
Re: Bitcoin currency stability
by
adzino
on 24/08/2019, 14:16:48 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?
I am just wondering how you are comparing economic war (that is the sanction) with the price of bitcoin. You need to have a better understanding of economic sanction, then you will understand why i said this. Economic sanction means imposing trade barriers between two countries. This does not only mean ban of transactions between countries. If there is an embargo, then no way products can be transferred from one country to another country. I mean imports and exports will be strictly banned through any means of transportation. If this occur, how is bitcoin going to help in this case?