06-16-2021, 10:51 AM
Why is this sub so bearish on crypto/Bitcoin?
<!-- SC_OFF --><div class="md"><p>We printed 1/5 of all dollars that exist just last year alone to prevent the market from bottoming out, and whether that’s good or bad you can’t deny this increase devalues our currency.</p> <p>But people in cryptos are fools because they are looking for alternatives?</p> <p>More and more news is coming out that the FED is denying the reality of the situation with inflation and that they don’t actually have control over the situation while pretending things are fine. Further, people have been saying crypto is a meme for a decade now and at almost every point they’ve been wrong and missed out on gains.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FiteMeHore"> /u/FiteMeHore </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o0j13w/why_is_this_sub_so_bearish_on_cryptobitcoin/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o0j13w/why_is_this_sub_so_bearish_on_cryptobitcoin/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>We printed 1/5 of all dollars that exist just last year alone to prevent the market from bottoming out, and whether that’s good or bad you can’t deny this increase devalues our currency.</p> <p>But people in cryptos are fools because they are looking for alternatives?</p> <p>More and more news is coming out that the FED is denying the reality of the situation with inflation and that they don’t actually have control over the situation while pretending things are fine. Further, people have been saying crypto is a meme for a decade now and at almost every point they’ve been wrong and missed out on gains.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/FiteMeHore"> /u/FiteMeHore </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/o0j13w/why_is_this_sub_so_bearish_on_cryptobitcoin/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/o0j13w/why_is_this_sub_so_bearish_on_cryptobitcoin/">[comments]</a></span>Kind Regards R