Post
Topic
Board Economics
Re: Economy after COVID-19
by
tyz
on 27/12/2020, 15:35:48 UTC
The economy collapsed due to COVID-19 Bitcoin is growing based on its demand the epidemic did not break Bitcoin so if the whole world supports Bitcoin then its use of bitcoin investment will help improve the shattered economy. Banks will bring their transactions back to normal many traders will invest in Bitcoin through loans due to the increase in the price of bitcoin.

The Bitcoin rally has nothing to do with the pandemic.

Not directly, but indirectly. Of course, the rise in the Bitcoin price also has something to do with the good news and that more and more institutional investors are deciding to invest in Bitcoin. But that is also because they no longer have any alternatives. Stocks, bonds, gold, real estate and so on are extremely expensive and this is also due to the printing of fiat money, which was high before the pandemic and is now even more. Without the pandemic, Bitcoin would not have risen to this level at this point in time.