If Negative Interest Rates Are the New Normal, Only Bitcoin and Gold Can Hedge - BeInCryptosteemCreated with Sketch.

in #dlike5 years ago

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The global economy is on edge. This is evident by the fact that many central banks are turning to negative interest rates to try and stimulate things. The belief is that as banks shift to digital (and away from cash) there can be push to spend by making saving unattractive.

The opposite would actually take place meaning that the only way to protect oneself would be to hedge. This puts gold and, recently, bitcoin, on the list of ways to do it.

Since Bitcoin is non-governmental, it has no ties to the policies of any country or its central banks. It is truly borderless meaning it hedges against the insanity of one country.


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Will be interesting to know what might happen with the negative rate.

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