You are viewing a single comment's thread from:

RE: BITCOIN is heading to +$1,000,000 until someone can tell me how the hell on earth do Banks & Governments intend to fund +$750 Trillion of Global Unfunded Futures Liabilities..!!

in #bitcoin7 years ago (edited)

In fact more the system explode slowly more it's positive for cryptos and people in general.
Simply because they have more time to protect their assets and switch to cryptos and precious metals.
If the system would collapse in few days, banks would be closed, dollars, eurros and others centralized currency would quickly enter hyperinflation and loose a lot of buy power, so much wealth and liquidity would be trapped.

One more time people would have to refund banks to save the corrupted system, in Europe law has been modified and permit to banks in case of crisis to seize money of customers to refund the loss...
Liquid assets would not have time to be saved.

Let it be slow and preddictable :)

Sort:  

I could not agree more. Your comment mirrors that of my own thoughts..!! People are crazy to think that Banks have everything under control. They do. Just not to the benefit of the depositor..!! Great comment. Stephen

Coin Marketplace

STEEM 0.19
TRX 0.12
JST 0.027
BTC 65723.04
ETH 3470.30
USDT 1.00
SBD 2.45