You are viewing a single comment's thread from:

RE: Helicopter Money Policy by Central Banks Will Benefit Global Cryptocurrency Adoption

in #cryptocurrency8 years ago

CBs (Central Banks) seems to be in a rock and a hard place.

  • they cannot raise interest rates too much because of the enormous pile of debt
  • they cannot accommodate without limits without causing inflation/bubbles everywhere

Their best strategy seems to be keeping the system together by walking a fine line which is a) supporting the market with 'printed money' and b) reacting to crisis by .... 'printing money'

Thus, they seem to have no other option to keep 'printing money' which - in the very end - will cause an inflationary collapse. This is super bullish for crypto currency of course. Best scenario is whereby a true 'collapse' (between hyphens because collapse is not necessarily a total collapse of society) is mitigated by the rise of 'honest' money, taking over the role of fiat or providing an alternative keeping the abuse of fiat in check.

Couple that to exponential growth (no of users) and the very early stage we are still in, and we have a winner.

The best asymmetric bet of our life time.