All the major banks in Spain and Italy have big problems with bad loans and liquidity.
If i was on top of the European central bank i would do 2 things.
1.Get rid of the negative interest rates.This will increase the interest differential and increase the bank profits.
2.The European central bank should start printing euros and buying all the bad loans and toxic assets from the banks.
If the plan works,there`s going to be increasing inflation,but this is good for bitcoin.
Anyway i think that bitcoin is in a win-win situation against the euro.
If there is a major financial crysis in the eurozone, bitcoin is the best safe haven.
If there is major inflation in the eurozone,bitcoin offers the best protection against inflation.
This is just my theory and i`m not an expert....
Topic: My plan about saving the european banking system(and boosting btc value)... (Read 189 times)
June 20, 2017, 07:58:43 AM
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