Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: THIS CRASH IS DIFFERENT than previous crashes... The FEDERAL RESERVE is why....
by
TheNineClub
on 19/06/2022, 13:49:37 UTC
⭐ Merited by JayJuanGee (1)
Bitcoin has NEVER seen an era of rising interest rates and tight money before.  This time IS DIFFERENT !!!!!  Ignore this fact at your own risk  Grin

Yeah, it's different, BTC never had a threat of recession on its tail because it emerged on the tail end of the last one. But that doesn't tell us much by itself. I doubt this will be an end to crypto or BTC, it may weed out the shitcoins, but the major players have some solid ground to stand on. What we might see is a bit longer crypto winter than it was previously thought of, and that's understandable, it's a shitshow all around the world and BTC is not immune to such economic trends.