Bitcoin's rise reflects America's fall
As the value of Bitcoin and other cryptocurrencies rapidly increased, a remarkable analysis was published in the British Financial Times. According to the analysis, the rise in cryptocurrencies is a sign of the foam created by the FED and the fall of the US and the dollar.
A remarkable analysis of the increase in the value of cryptocurrencies, especially Bitcoin, was published in the British Financial Times newspaper.
In the analysis signed by Rana Foroohar, "Cryptocurrencies have a place in a new world order where the leading role of the dollar is weakening.
'FIRE ALARM'
Similar to the sharp price movements in Bitcoin and the fluctuation in the price of gold, which was priced in marks in Germany in the 1920s in Germany, the article suggested that Bitcoin was more than a bubble "the last functioning fire alarm that warns us about the enormous geopolitical changes ahead".
Defending that central banks have disrupted the discovery of prices in markets through low interest and monetary expansion in the last 10 years, Foroohar said, “You can see this as a correction of the business cycle or keeping businesses in the debt trap in a way that disrupts the functioning of the system, but our conclusion is that individual companies or one "It is now very difficult to get an idea of the health of the real economy as a whole.