WARNING- Fed Raises Rates But....
.jpg)
Hey Guys,
Yes the Fed has raised into weakness, as usual.
But the problem is, when a central bank raises rates it make that countries currency more attractive for carry trade.
Did you notice that when the US fed raised rates just now the dollar went down.
What this means is that other countries that hold US dollars have lost confidence in the USD....
It's time to bail out of the USD as it is now in the final stages of it death spiral.
Nothing will be able to save the US dollar now and the knock on effect it will have on the rest of the world.
we all know it's coming. What's the world gonna look like also. You said something that until now I find troubling. If the rest of the 99% don't know about crypto they won't accept it.
Unfortunately....
Try this, go out into the streets and ask as many people as you can if they have heard of cryptocurrency or blockchain or bitcoin.
You can guarantee almost no one will know of these things.
And if you find some that does I can assure you they will not truly understand how they operate.
You my friend are a part of a super elite group of humans the rest are not there yet.
I know this sound's negative but it is not, it is realistic..
Unfortunately about 80% of people who use crypto still don't even know how it works except maybe on the most basic levels.
Yeah and I am one of them...
Very true word amigo
Thanks for weighing in
Chocolate!?!?!?!!?!?!!!!!
isn't that good news for crypto?
Sure...but not for the rest of the 99.99% of the people
what's stopping them from jumping on the SteemTrain?
Time, knowledge, ability, a computer, internet access, initiative, will.
And most importantly their trust in governments
True
Welcome to Steemit :)
I follow u, follow me back if u want lot of fun and amazing picture every day.
Followed back my friend