Altcoins Talks - Cryptocurrency Forum

Further Discussions => Trading (Not crypto) => Topic started by: Tanimariya on April 07, 2021, 02:12:41 PM

Title: Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
Post by: Tanimariya on April 07, 2021, 02:12:41 PM

The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
Just because bitcoin (BTC, -4.5%) has quintupled in value over the past few months, that doesn’t mean the U.S. dollar is about to get knocked off its perch as the world’s leading currency, according to a top foreign exchange analyst.

For one thing, central banks around the globe own roughly $3.1 trillion worth of U.S. Treasury debt that is denominated in greenbacks, and so have little incentive to let the dollar lose power to a cryptocurrency, said Marc Chandler, chief market strategist at Bannockburn Global Forex.
 Source Link (https://www.coindesk.com/bond-market-dollar-bitcoin-marc-chandler)

Title: Re: Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says
Post by: teddalpiaz on January 23, 2022, 09:53:47 AM

I don't agree with you since crypto is always if you juts buy with a lower price so to get started with crypto trading you can use FreshForex broker since they are giving 300% deposit bonuses for each deposit.

(https://i.imgur.com/G8BzNEb.png)