usa goverment 3.13 tril. defict its enough? - page 2.

jaysabi

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Quote from: cryptoboss2020 on October 17, 2020, 11:29:06 AM

is this is enough? Grin

i think it will bring btc 15k this year:D

https://www.cnbc.com/2020/10/16/us-government-budget-ends-fiscal-year-with-a-more-than-3-trillion-deficit.html

People have been predicting 15k btc every year since it crashed from 20k, so I don't take anyone's predictions seriously because nobody knows and nobody has a good track record of predicting. On another note, the deficit is absolutely mind numbingly large. Trump's tax cuts decimated tax receipts at a time the country should have been using the exceptionally strong economy to pay down some of the debt that was incurred recovering from the housing crisis. That's how that's supposed to work, but Republicans couldn't pass up an opportunity to loot the treasury to line their pockets. So much for having any principles about balancing the budget.

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Quote from: cryptoboss2020 on October 17, 2020, 04:10:09 PM

you people say usa dollar is bad? okay:) np i buy all your tether usd whatever

You'll buy it because it has lesser value when you buy? makes sense. We're 2 1/2 months away until this year ends and $15k is likely. But I wouldn't look to that price in the short time that we have. Most hopes are being dwelled on 2021 and 2022. Where most of the positive speculations are being brought. While inflation rate and debt increases and economy going down, this really could make a positive impact to bitcoin but the valuing in USD will be lesser. I do agree that someday we'll get to see bitcoin being valued in its nature and we're all going to exchange depending on satoshis or mbtc or btc as a whole.

cryptoboss2020

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Quote from: bL4nkcode on October 17, 2020, 01:03:17 PM

Year by year USD will be devalued that some kind of currency will replaced it as world currency, china is pushing forward to replace it by their yuan.

And maybe some time that bitcoin price will not be based on USD, but just BTC.

i have traveled and lived many countries myself seen things seen life from my perspective the currencies might fall yes but saying that usa dollar will be devalued i can tell you that china yuan is less useless then USD the usa dollar still has big market.
usa dollar is king of the fiat curriencies and btc is king of crypto.
Before the dollar falling there might many other currencies what can fall down first i think so.
i think russian ruble and usa dollars are both very needed since russia got resources what everybody want and usa is just reservecurreny.

this is what i think and what i seen is always opposite what the majority of people think and people say usa dollar is bad then i go against this this is like trend now to say usa dollar is bad but i think if many people think that then its better not to follow to them and use own judgement on this.

you people say usa dollar is bad? okay:) np i buy all your tether usd whatever

bL4nkcode

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