Helicopter Money Has Arrived - Why That's Extremely Bullish for Bitcoin

in Threespeak5 years ago

▶️ Watch on 3Speak


With announcements of cash injections directly from Government to individuals and businesses in countries like Hong Kong, the UK and Australia; helicopter money has officially arrived.

In this video, I'm going to explain why I believe that's extremely bullish for scarce assets like Bitcoin over the long term.

🧠 FREE CRASH COURSE - Learn to securely buy, store and sell cryptocurrencies:

https://louis-thomas.teachable.com/p/buying-bitcoin-crash-course

🧠 Want to get smart about crypto investing? Download my brain here:

https://louisthomas.co.uk/download-my-brain/


▶️ 3Speak

Sort:  

If they start doing helicopter money, it could lead to hyperinflation!

£3,000 for a small business will not keep them going for very long.

Yes, they are starting to get desperate to keep the system going.

People will eventually twig to question what this FIAT currency is, then spend it as fast as possible.

Hyperinflation is certainly a distinct possibility at this point.

i can not wait to see bitcoin climb up back

For inflation to kick in or asset valuations to go up, the other factor in addition to the quantity of the money supply is the velocity of money. If everyone is just hoarding cash, the prices of everything go down.

We are going into the abyss haha... we are 23 trillion in debt, shooting for 30 trillion haha

But the end of all things has drawn near. Therefore be sober-minded and be sober unto prayers.(1 Peter 4:7)

Question from the Bible, Why are some children born with disabilities?

Watch the Video below to know the Answer...
(Sorry for sending this comment. We are not looking for our self profit, our intentions is to preach the words of God in any means possible.)


Comment what you understand of our Youtube Video to receive our full votes. We have 30,000 #SteemPower. It's our little way to Thank you, our beloved friend.
Check our Discord Chat
Join our Official Community: https://steemit.com/created/hive-182074

Yep! People will use it to buy cryptocurrency!