Re: We are about to see the monetary power of the U.S. government
⭐ Merited by o_e_l_e_o (1)
Expect a price jump when stimulus checks start rolling in. I know I'm personally buying some crypto anyone else feel the same way?
So we all have to rely on the mercy of the Federal reserve to pint some money and pump the price of Bitcoin?
I thought that Bitcoin is supposed to be independent by any central bank in the world.This is what Satoshi Nakamoto told us,but now 90% of all Bitcoin users only care about the BTC price.
The stimulus package might pump the BTC price,but probably after a year or two.The global economy has to recover from the lockdowns first.