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RE: Inflationary effect of traditional banking and Bitcoin's deflationary system

in Project HOPE • 3 years ago

I think the reason why there is a correlation between crypto and traditional markets is that the nature of crypto investors has changed over the past few years with the entry of companies and hedge funds into BTC. This does not mean though that whatever happens to the traditional market can replicate in cryptocurrencies as there is no single entity printing money out of thin air!

Thanks for sharing :)

3 years ago in Project HOPE by
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     3 years ago 

    Hi @qsyal

    I liked this you said "However, this does not mean that whatever happens to the traditional market can be replicated in cryptocurrencies, as there is no single entity printing money out of thin air!", certainly there are conditions that end up differentiating financial markets and their pool of investors.

    Best regards, be well.

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