WHEN ANARCHY IS AROUND THE CORNER THE COIN OF THE ANARCHY RISES.
THERE ARE THREE REASONS WHY BITCOIN IS DOING BETTER AGAINST REAL, RUPE AND YUAN THAN AGAINST THE US DOLLAR.
FIRST OF ALL IS THE BLACK ECONOMY THAT IS STRIVING IN THIS COUNTRIES AND BITCOIN IS A WELL KNOWN ASSET THAT IS LIKED BY THE ILLEGAL ENTITIES THAT USE MONEY LAUNDRY SCHEMES.
SECOND IS THE RISE OF THE STRONG LEADERS IN CHINA , INDIA AND BRAZIL . THE CREATION OF MODERATELY AUTHORITARIAN REGIMES IN INDIA AND BRAZIL AND THE SLOWLY CREATION OF A FULL SCALE MAOIST DICTATORSHIP IN CHINA IS CREATING A LOT OF INSECURITY IN THIS COUNTRIES CURRENCIES.
THIRD REASON ARE THE TRADEWARS . THE TRADEWARS ARE PUTTING A LOT OF PRESSURE IN THIS COUNTRY CENTRAL BANKS TO LOWER THE VALUE OF THEIR CURRENCIES IN WAY TO BE MORE COMPETITIVE AND ATTRACT MORE INVESTMENTS.
THERE ARE THREE REASONS WHY BITCOIN IS DOING BETTER AGAINST REAL, RUPE AND YUAN THAN AGAINST THE US DOLLAR.
FIRST OF ALL IS THE BLACK ECONOMY THAT IS STRIVING IN THIS COUNTRIES AND BITCOIN IS A WELL KNOWN ASSET THAT IS LIKED BY THE ILLEGAL ENTITIES THAT USE MONEY LAUNDRY SCHEMES.
SECOND IS THE RISE OF THE STRONG LEADERS IN CHINA , INDIA AND BRAZIL . THE CREATION OF MODERATELY AUTHORITARIAN REGIMES IN INDIA AND BRAZIL AND THE SLOWLY CREATION OF A FULL SCALE MAOIST DICTATORSHIP IN CHINA IS CREATING A LOT OF INSECURITY IN THIS COUNTRIES CURRENCIES.
THIRD REASON ARE THE TRADEWARS . THE TRADEWARS ARE PUTTING A LOT OF PRESSURE IN THIS COUNTRY CENTRAL BANKS TO LOWER THE VALUE OF THEIR CURRENCIES IN WAY TO BE MORE COMPETITIVE AND ATTRACT MORE INVESTMENTS.