Dollar has gained value against other currencies, and lost value against real goods. The Fed has pulled liquidity out of the markets which has caused all risk assets to lose value. I don't understand your point here. Nothing about what I'm saying says what you seem to think it saysThe dollar has not gained value since the spending stopped (did it really?). Under your hypothesis crypto should not have gained any value but it should not have lost any either yet it has. Saying bitcoin is a hedge in the face of a drop of 70% is silly.
Not really, there's just less real goods (specifically food) to buy vs demand for those goods.Dollar has ... lost value against real goods.
We'll see, I would argue that price increases will be sticky even if supply chains were solved tomorrow. Guess we don't really know for sure yetNot really, there's just less real goods (specifically food) to buy vs demand for those goods.
Things are going to get pretty wild if this is true. Attack on Bitcoin is coming.
Things are going to get pretty wild if this is true. Attack on Bitcoin is coming.
I think I've been calling that for a while in the politics and Ukraine threads. Easiest way to replace SWIFT, just use a reliable cryptocurrency. Buy, transfer, sell quickly enough to avoid undue risk to market price shifts. It's backed by an immutable ledger, it's trackable. And it's not controlled by a governmental organization.
I know, but I am thinking more for the bank 2 bank, and large corp to large corp settling of debts and obligations... Now just worrying about my sweet Russian AK parts kit getting nabbed by the man.Zenitco (Russian weapon parts manufacturer) takes BTC payment for American customers. Good chance your stuff will get nabbed by customs when it comes in to the country, but you can still try. Few other Russian based sites are the same way.