Recession coming, it's going to be destructive. How is this going to affect bitcorn? Is this going to trigger the diamond bullrun or are we going to 0$?
Discuss this shit
Ayden Jenkins
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Brandon Edwards
Judging by the fed hyperinflationary moon
Andrew James
Dollar will get weaker, Major inflation will follow, Bitcoin will go to 100$
Ethan Reyes
*$100k
Levi Price
>Bitcoin will go to 100$
>being this retarded
yes user, in times of hyperinflation people will be selling their bitcorns for worthless fiat
Blake Clark
How much do we think fiat will inflate by?
$10 becomes the same as $1 ??
Liam Lee
Bitcoin is only valuable because retails can afford to speculate on it with their disposable income. The whales/manipulators don't care for it outside of a way to make money off retails. Crypto is the poster child for "irrational exuberance".
Aaron Peterson
Plot twist: no (((central bank))) "currency" is real so neither is any debt tied to it.
it's all (((make believe))) and it doesn't matter.
Ethan Foster
just wait until the retarded boomers panic sell after a 10% bart in stock market and housing
they are dumb entitled greedy fucks and will be throwing money in btc / gold /silver but the real win is that the world reserve currency being in danger means half the world will need a replacement and there won't be one. China will fall as they are over leveraged, and when a global recession hits all of their export economy for non-essentials like electronics will get wrecked. Euro won't survive. Germany is powerful because they control the euro, along with luxury exports which will again be worthless. The smaller successful euro countries are heavily subsidized by not having to pay for a military and reaping the rewards of free trade without contributing anything with either their big natural resource stockpile or offering tax havens. Same as the tiny stupid rich arab countries. They won't be so lucky to continue living the high life in their tiny countries when the giant neighbors next to them start starving.
Strap in boyos. If shit really hits the fan, I live in the rural south with farm land and my family's only assets are property. We might recruit 10-20 guys to help work the land and help guard under a free-for-all situation. I'll be recruiting autists from biz and pol, with an extensive questionnaire to make sure you've been browsing at least 3 years to gauge trust. Those with reserve funds in silver/btc jump to the top of the list in the case of our new community needing to pool together and barter for farm equipment in the future.
Julian Butler
>orange man good
Logan Phillips
Ray dalio thinks the USD could easily lose 30% of its value and potentially lose reserve currency status.
I would think that money would stream pretty freely into btc and crypto, seeing as buying land, stocks, gold etc is more of a pain.
Christian Gutierrez
Exactly, crypto is easy to invest in and imho a lot more young ones are investing in crypto instead of stocks, gold and land.
David Adams
Weimar and venezuela showed us that people will desperately search for any form of currency that doesn't devalue like fiat does
Michael Rodriguez
cringing hard at these /x/ threads
Ethan Sullivan
>recessions dont exist or occur ever
Gavin Bailey
These threads are FUD and the people making them don't actually give a shit about it, or just recently started to after 8 years of the debt being at "all time highs" for (((whatever reason)))
Andrew Morgan
It doesn't matter what the numbers say as they're just numbers on a screen
Nicholas Young
I'm kind of down for this user
Liam Butler
Except those numbers force the citizens into slavery through inflation and debt. Sure the government can spend as much imaginary money as possible but we are the ones who pay it back. Can't deny that purchasing power is down the shitter, wages aren't rising and the only way to keep our economy functioning is to import as many third worldwide as possible otherwise we start sinking.
Ryan Sullivan
buhbuh FUD lmfao. How does money have value when they can print unlimited amounts? That's the biggest fucking ponzi out there.
Josiah Williams
To be fair, the USA looks A LOT like the Roman Empire now..
And the military wanted to be paid in Gold after the silver denarian fell..
What do you think about that?