Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's Image Is Getting Stronger by the Minute
by
Velkro
on 29/08/2020, 19:23:55 UTC
The dollar continues to plummet as the U.S. struggles to reopen due to the pandemic
Being the world’s reserve currency, however, the dollar is expected to maintain its strength and recover from the downturn as soon as things get back to normal.
More and more people are starting to perceive bitcoin as a store of value
All of that is true, but its not that easy to world’s reserve currency maintain its strenght/value while printing like MAD.
This is real problem, everyone but USA mostly printing like mad lads. Value of currency beign printed this way plummeting, other resources price going up (gold, BTC etc.)
Dollar wont recover from that easily. I dont think its even possible, especially now while crippled economy from covid.