You are viewing a single comment's thread from:

RE: Is the Bitcoin and Stock Market Crash Related?

in #bitcoin7 years ago

Great post as always, but I disagree with the idea of crypto selling off as money leaves risk assets of stocks and bonds. The underlying question is whether the "easy money" is still flowing in terms of low global interest rates and European QE.

As long as the U.S. federal reserve and Mario Draghi leave the spigot on, the world will be awash in easy money. As you said, this money will need to go somewhere. Classically, easy money = inflation, which is bullish for commodities, gold, and real estate.

If the narrative changes to how Bitcoin/crypto is an inflation hedge, this space could rocket!

Sort: