Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Jamie Dimon CEO of Chase Bank on Banking Crisis
by
hatshepsut93
on 05/04/2023, 22:07:44 UTC
⭐ Merited by kryptqnick (1)
This is of course great news for BTC but not so great for the global economy.

I wouldn't be so sure. People were saying the same about inflation, and how did that play out? It seems like a negative investment climate in traditional markets also affects Bitcoin, This can be explained by Bitcoin being a high risk asset, and during hard times investors try to minimize risks and hold safe assets like cash and gold.

Also, in one year there will be the next halvening, and that can be far more important than collapse of a few small banks.