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Topic: [2016-05-03] bitcoin.com: Bitcoin 2016 :  ‘There Has Been an Awakening…’ (Read 301 times)

legendary
Activity: 3430
Merit: 3083
Fine, governments want to go cashless and all, but they still intend to keep their currencies strong at least for the time being.

The nations with trade surpluses are starting to gradually move away from the influence of the Western-centric governing bodies, principally, the dollar can't take much of that. And because the trade-surplus club are obviously industry/manufacturers, they want/need to keep their currency cheap, or they have fewer markets to export the goods to Cheesy.

It's a negative feedback loop, the race to the bottom, and the ultimate consequences are for the dollar and the US economy. Japan, Saudi Arabia, China, and the whole EU all have long way to fall also, but the US is more propped up with more unpayable debt than anyone else. So, 2016, whenever, one of the above suffers a serious loss in confidence in ability to repay sovereign debt, and then they'll all suffer problems and/or defaults. Time to "bail-in" the boat, apparently... lol
full member
Activity: 135
Merit: 100
It's not gonna happen in 2017.


Fine, governments want to go cashless and all, but they still intend to keep their currencies strong at least for the time being.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Bitcoin 2016 :  ‘There Has Been an Awakening…’

I don’t think so — so my prediction here is that by 2017, governments will become the largest buyers of Bitcoin, pushing the price up to new highs.

https://news.bitcoin.com/bitcoin-2016-awakening/




hrhr, that is a big prediction  Cheesy
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