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Author Topic: Crypto Won’t Be Money Until IRS Accepts It for Taxes, Top Forex Strategist Says  (Read 8139 times)

Offline Tanimariya

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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.
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Offline teddalpiaz

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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.


 

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