Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: Paglamon on May 20, 2020, 12:01:05 PM
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The move by the US Fed to print infinite money has been called into question by most members of the financial community. Gold fans, like Peter Schiff and even the bitcoin community both, are not really pleased by the decision and think it highlights how incompetent the current financial system is. There are strong reports by analysts suggesting that the economy would hit be hit by extreme financial depression. The investors believe since the faith in fiat has gone down, it is time to invest in assets like never before. The assets are responding well as gold has touched the heights of 2012, while silver has gone up by 4%. They also suggest bitcoin is the best bet, especially after bitcoin.