Yes I do see. But it won't be doing that forever since it can be used as a hedge against inflation.
The Boss of Central Banks Just Approved Bitcoin as a Reserve Asset.
- Thread starter Tokenz
- Start date
Nothing quite like trying to reason with a True Believer.
I think the crypto forum should be merged with the religion forum. Thoughts?
I think the crypto forum should be merged with the religion forum. Thoughts?
Then the central banks will first be looking for lower prices to buy in at. They will only be looking to buy in at a deep discount or average a position in as it falls. Good long term though for sure.
No the admins will think that's a bad idea.
No, an imbecile thought for sure. Why would a central bank buy a ponzi asset, when they can just print money as much as they want?
You're as much of a religious, true believer as anyone on here.
I bet you say the same thing about atheists.
Print as much as they want with no broader consequence? Better to invest and transfer the wealth rather than just print more surely. Particularly when a number of investors in bitcoin will be buying high and selling low.
