Do you think it is a opportunity to coin market to challenge Legal currency？ or does trade war bring Instability to coin market? I want your opinion.
你们觉得贸易战对于数字货币市场带来什么影响？是挑战法币的机会？或者增加市场的不稳定性？欢迎大家各抒己见！
The trade war might be the catalyst for a share market drop and even to the usd fall, combining with the us national debt problem.
When trust in the traditional monetary system falls, people tend to find secure in other assets.
Cryptocurrency is one of them.
That means - buying more crypto, therefor - good to the market.
But bad for the economy.
2 Likes
Of course!
Remember, money is what we agreed upon as something that has value, that could be paper or crypto
In 2007 it was a great global financial crisis that “to simplify” marked the birth of bitcoin revolution … so when markets crush again ( they will! ) I really believe a lot of capital will go to crypto because philosophicaly they challenge banking system and would naturally be created movment to explore crypto by general population, students, millennials ( for this group would be because it’s cool and advanced! ) … and that along with social media would be an excellent moment for a shift in how we perceive a financial system and move to better systems
But, without education and availability of content ( all kind of contents! ) those people when they would join will be catastrophic! And level of scums will arise to levels never known!
So education on crypto and specifically Cardano! + global financial crisis > eventually would lead to a massive interest in crypto, so yes difinetly crypto will challenge fiat
2 Likes