Bitcoin is rising from international fiat devaluation, not USD inflation.

Bitcoin is performing in line with the USD’s performance against CAD, GPB, EUR, JPY, CNY. As these currencies tank, people are rushing to get their money out into USD and Bitcoin. There is a shortage of both USD and Bitcoin. But soon, the US government bailout will end the shortage of USD, leaving only Bitcoin as the only safe place for expatriated cash to go.



Submitted March 20, 2020 at 11:58PM by admin_default https://ift.tt/2U7ZjIe

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