Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I was seeing the impact of the last Trump measures (im talking about the tax foe Canada Mexico and China) and so far the crypto market stands pretty solid, it only make a very litle movement like the past one from deepseek, lets see in the monday when the normal markets open and see if that make more noise in our BTC, but so far this position is solid rock, above 100.000 despite big economics swings.
It’s funny how Canadians are ready to start a trade war with America over a 25% tariff, but the 20% tax coming on April 1st to fight climate change is totally fine. I actually feel bad for the people of Canada. They don’t deserve the mess their weak leadership has gotten them into. On the plus side, Canadians who have been into Bitcoin for a while should have no problem paying off any debts they may have due to their currency nosediving against BTC.
It's not funny but it is our own fault and while I'm not willing to expend time and energy explaining myself as to the whys, I would add that I fear we will never break this cycle of self-destruction. (Thank you Satoshi for Bitcoin!)
We have fallen behind most major economies since 2000 and our per-capita GDP has essentially stagnated since 2014, we are more inefficient, over-regulated and over-taxed than every before and there is no relief in sight. These Trump tariffs are only going to accelerate our downward spiral. At this rate we'll own nothing
On the plus side, the Canadian dollar’s poor performance should make it easier for Canadian Bitcoiners to pay off any outstanding debt.
What is debt? Been a while.
