You are viewing a single comment's thread from:

RE: Russia Showing The Power Of Cryptocurrency

Hopefully the US Dollar's reserve status will end and Bitcoin will become the world's new reserve currency.

You are either in favor of global poverty or you do not understand money.

We are experiencing what deflationary money is like and all we get is slowing growth rates. And you want more of it?

Posted Using LeoFinance Beta

Sort:  

The world's productive and consuming population (1st and second world working age cohorts) has been shrinking for some time and is in long term decline.

Real economic growth is impossible in such circumstances and massive money printing has been used to paper over this reality.

Bitcoin with its very slow rate of increase is the correct solution for a global reserve currency in these circumstances.