The Boss of Central Banks Just Approved Bitcoin as a Reserve Asset.

Discussion in 'Crypto Assets' started by Tokenz, Jul 3, 2022.

  1. Tokenz

    Tokenz

    Yes I do see. But it won't be doing that forever since it can be used as a hedge against inflation.
     
    #21     Jul 4, 2022
    Trader Curt likes this.
  2. Nothing quite like trying to reason with a True Believer.

    I think the crypto forum should be merged with the religion forum. Thoughts?
     
    #22     Jul 4, 2022
    Pekelo likes this.
  3. Then the central banks will first be looking for lower prices to buy in at. They will only be looking to buy in at a deep discount or average a position in as it falls. Good long term though for sure.
     
    #23     Jul 4, 2022
  4. Tokenz

    Tokenz

    No the admins will think that's a bad idea.
     
    #24     Jul 4, 2022
    Trader Curt likes this.
  5. Pekelo

    Pekelo

    No, an imbecile thought for sure. Why would a central bank buy a ponzi asset, when they can just print money as much as they want?
     
    #25     Jul 4, 2022
  6. MKTrader

    MKTrader

    You're as much of a religious, true believer as anyone on here.
     
    #26     Jul 5, 2022
  7. I bet you say the same thing about atheists.
     
    #27     Jul 5, 2022
  8. Print as much as they want with no broader consequence? Better to invest and transfer the wealth rather than just print more surely. Particularly when a number of investors in bitcoin will be buying high and selling low.
     
    #28     Jul 5, 2022
    murray t turtle likes this.
  9. #29     Jul 5, 2022
  10. Handle123

    Handle123

    Need Bitcoin to rally so I can sell more in futures.
     
    #30     Jul 5, 2022