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RE: The Donald didn't want to be left out!

in #crypto5 years ago

He has no option but to go with this rhetoric given the news that the debt ceiling is quickly approaching and more money will need to be printed and financed with debt! If cryptocurrencies gain traction, who will back the dollar? Never a better reason or time to diversify and store value!

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Agreed. Plus if the dollar loses its reserve currency status it limits the options the FED and president have to finance things.

Trump has already presided over the longest government shutdown in US history and has presided over the fastest growing US debt in history. If people haven't abandoned the dollar yet then idk if one more shutdown is going to do anything to hurt confidence in the dollar. I think that will only come to pass when people have trouble buying food.

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