Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by El duderino_ (5)
It's amazing that you dollar people already have a new ATH, while we euro people are still 10k short.
well hey we work with what we have..
iow.. still happy enough here
Ya, because a strong dollar is the goal when we’re nearly $40,000,000,000,000 in debt… Imagine being proud of being a fiat bagholder while the US is printing money and stacking BTC. Europe is failing in every way and a strong currency while your manufacturing is disappearing is not the strong position some think it is. This is why Europe is 50 years behind. They’re playing checkers while the US and China are playing chess.
It actually highlights how complicated global finance has become. it is true the us $ remains dominant in market, it comes with trade-offs like a vast national debt & aggressive monetary policy
On the flip side a stronger € does mean slower BTC gain for EU holders in fiat terms, but it also reflects partially unyielding fiscal control
At the end of the day, Satoshi built Bitcoin to rise above these fiat battle utterly whether you are stacking sats in USD, EUR, or any other currency, the long term goal is financial sovereignty
Indeed those are good points. For Europeans looking to flee before it completely falls apart it even can be viewed as an opportunity. Looking forward though, you’re getting a preview of what actions each government will take as fiat continues to crumble. If Game Theory in Bitcoin becomes a thing, there will be very obvious winners and losers. We’re seeing the writing on the wall now.