I think Bitcoin may be about to change direction to bulls at this point. Here is my reasoning and conclusions... Consider: energy starvation through sanctions, leading national currencies to collapse under Putin's strain. Putin's ultimatum of Ruble for gas or crypto for gas signals the end to energy purchases using USD. What, is the US going to provide energy needs of all NATO nations now? Watch how they down play this in western media. NATO alliance nations are in the crosshairs and western dominance through USD is over officially. Ruble, crypto, anything but USD: the ultimatum set by Russian government. At home in US, Fed policy making espouses zero confidence -- in fact, today's announcement of 'taking account of spending' was received largely negatively! Imagine, an administration and federal reserve that says something and no one believes them. A boy who cried wolf situation that has sealed the fate of the USD. CBDC is seemingly more probable by the minute... surely to be touted as a way to 'combat rising inflation due to Ukraine war' and not due to financial self-sabotage of USD. And it isn't better on the eastern shores. The EU is weakened badly, leaving GBP and EURO in a tenuous spot. Who will provide their energy needs? Who can restore confidence that there will be a provider of oil and gas? We aren't going up with fiat, if anyone is selling that dream anymore. Currencies held by nation states are showing great weakness against a bipolar environment with a new World War in place. Bitcoin appears to be the last island for capital, altcoins the little harbors that may yet survive the turmoil of another major war. What do you think? Anything I missed in this picture, feel free to leave a reply with reasons why you think Bitcoin will remain bearish? #bitcoin #opinion #war #bipolarsanctions #gasandoil #energy #eu #nato #us #federalreserve
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Well my friends, that's good to read. As we know that printing Money makes its circulating supply unlimited. In last four years more than 80% of money was printed in US. And the world currency is dollar itself. It directly reflects the hegemony of dollar. And to be honest when I see the graph of dollar supply and my nation currency supply, I feel that since they printed that much amount and again the surprising fat is that our currency is becoming weaker. What is this? I can't find out the clue. But whatever, I can conclude that we need alternative to dollar. We can't take it as global currency in 21st century, this is the point.