Post
Topic
Board Economics
Re: Will crypto lead to the next financial crisis?
by
XUNing
on 27/07/2021, 09:30:19 UTC
Cryptocurrency will not cause a financial crisis. The proportion of people holding cryptocurrency in the world is very small, and the market value of cryptocurrency is not enough to pose a great threat to the financial system. The financial crisis is caused by the unlimited printing and distribution of money by institutions to cause inflation. Bitcoin is not controlled and restricted by the government, and the total amount is fixed, and it will not be issued.