Why Don't the U.S. Dollar and Bitcoin Drop to Their Tangible Value, i.e. Zero?

If we refuse to recognize the high utility value of USD and its global ease of flow, then we will continue to misunderstand the demand for the dollar and its appreciation. I have covered the many reasons why the U.S. dollar (USD) has strengthened in dozens of posts over the past 5 years, (Could the U.S. Dollar Rise 50%?, January 12, 2011), and I described the positive dynamics of bitcoin last summer in An Everyman’s Guide to Understanding Cryptocurrencies (June 13, 2016), back when bitcoin was under $600.

Source: Blacklistednews – Why Don't the U.S. Dollar and Bitcoin Drop to Their Tangible Value, i.e. Zero?

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *