Post
Topic
Board Economics
Re: Still confused why bitcoin is so bullish?
by
Tytanowy Janusz
on 12/11/2020, 13:35:33 UTC
Agree with all your reasons but would like to add one more which is scarcity of bitcoin which makes it unique asset. I believe this drives the price higher too.

One more news:

"Biden's COVID chief says the US should go into a total national lockdown for six WEEKS to avoid 'virus hell' and the federal government can borrow to pay workers while country is shutdown"
https://www.dailymail.co.uk/news/article-8939863/Bidens-coronavirus-advisor-says-U-S-national-lockdown-4-6-weeks.html

So another $7 trillion print is behind the corner. Now ... 2 months before vaccine Dr Michael Osterholm suggest locking down economy for 4-6 weeks. Stop economy start HELICOPTER MONEY and we will see $100k BTC this year...