Post
Topic
Board Economics
Re: Coronavirus is very harmful to fiat currencies, not bitcoin
by
Asusnumbaone
on 22/11/2020, 15:39:04 UTC
Have you seen how governments responded to the corona virus?

Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
I agreed with the opinion, we all knew that not government controls the bitcoin even the powerful government cant control it they focuses on the fiat currency that have big impact ithe economy if it fails.