She is an accomplished non entity who will do business as usual
Much like her predecessors..
Topic: Janet Yellen's impact to bitcoin/cryptocurrency (Read 944 times)
I like that the market reacted negatively when she said that QE won't go on forever!
She wanted negative interest rates only a couple of years ago. She will print the dollar into oblivion.
She wanted negative interest rates only a couple of years ago. She will print the dollar into oblivion.
http://money.cnn.com/2013/11/14/news/economy/janet-yellen-confirmation-hearing/
Personally, I'd be surprised if bitcoin isn't at 4 digits by the end of the first quarter of 2014. This individual is quite possibly the least eligible person in the United States to fill this role (save for maybe homeless people... and then it's questionable), therefore people will be seeking harbor from the storm she will start and 1 of those places will be cryptocurrency, another foreign currency not tied to the USD$ central banking reserve. Businesses will start to find it easier to do business with cryptocurrency on a level they've not seen before due to the increased spread of people involved and the demand to offer goods/services denominated in bitcoin.
Just my thumb in the wind prediction, hope I'm wrong because it will mean great hardship on those tied to USD$ including many current bitcoiners and foreign countries tied to US central banking.
Personally, I'd be surprised if bitcoin isn't at 4 digits by the end of the first quarter of 2014. This individual is quite possibly the least eligible person in the United States to fill this role (save for maybe homeless people... and then it's questionable), therefore people will be seeking harbor from the storm she will start and 1 of those places will be cryptocurrency, another foreign currency not tied to the USD$ central banking reserve. Businesses will start to find it easier to do business with cryptocurrency on a level they've not seen before due to the increased spread of people involved and the demand to offer goods/services denominated in bitcoin.
Just my thumb in the wind prediction, hope I'm wrong because it will mean great hardship on those tied to USD$ including many current bitcoiners and foreign countries tied to US central banking.
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