Wetter Webring

Monat: Januar 2021

La copertura positiva di Newsweek su Bitcoin

La copertura positiva di Newsweek su Bitcoin sottolinea il cambiamento di paradigma nella percezione pubblica

La pubblicazione esplora se il Bitcoin diventerà il nuovo gold standard

Newsweek, uno dei più grandi settimanali americani, ha dato una svolta positiva alla Bitcoin (BTC) in un recente articolo che esplora se l’asset digitale può diventare il nuovo gold standard.

L’articolo, apparso mercoledì, analizza la storia dell’oro digitale utilizzando l’ultimo modello di JPMorgan Chase che mostra un potenziale prezzo BTC di 146.000 dollari. Anche se l’articolo presenta Bitcoin Storm poche nuove informazioni per gli appassionati di crittografia che hanno tracciato la meteorica ascesa di Bitcoin, fornisce una maggiore conferma del fatto che la narrativa tradizionale che circonda la crittovaluta è cambiata.

„Tutto ciò che luccica non è oro, ma potrebbe essere Bitcoin“, ha scritto Scott Reeves. „E a lungo andare, potrebbe avere più valore“.

Questo è il messaggio che è apparso ai lettori di Newsweek, che si colloca tra le decine di milioni, molti dei quali non sono mai stati esposti al Bitcoin.

All’inizio di questa settimana, Bitcoin ha abbellito la prima pagina del Financial Times – nel 12° anniversario del blocco della genesi, niente di meno – offrendo un’ulteriore prova che il mainstream non può più ignorare BTC.

Nel frattempo, un numero sempre maggiore di investitori sta inondando il mercato, come dimostra il forte aumento di indirizzi attivi e il crescente interesse da parte delle società e delle principali istituzioni.

Secondo il podcaster Peter McCormack, i nuovi utenti stanno entrando in Bitcoin per il lungo periodo, possibilmente per i prossimi tre o cinque anni almeno. Sonny Singh, direttore commerciale di BitPay, condivide questo sentimento, ma di recente ha sostenuto che un’altra impennata dei prezzi di BTC potrebbe portare ad una presa di profitto istituzionale.

Le tendenze di ricerca di Google suggeriscono che il retail FOMO, o il timore di perderlo, sta dilagando nel nuovo anno – un potenziale precursore di prezzi più alti nel breve termine.

Google cerca la parola „Bitcoin“ negli Stati Uniti con Google

Le ricerche della parola „Bitcoin“ sono state domate durante la tendenza al rialzo dell’anno scorso rispetto al mercato dei tori del 2017. Ancora una volta, questo suggerisce che il percorso meno resistente del Bitcoin potrebbe essere più alto.

Resta da vedere se la comprensione del Bitcoin da parte del commercio al dettaglio sta migliorando o se la gente sta prestando attenzione solo per l’apprezzamento del prezzo. In entrambi i casi, la proposta di valore del Bitcoin non è più relegata in angoli oscuri ed esoterici di Internet.

Wall Street and Bitcoin: The Role of Central Banks in Recent Rises

Are the Central Banks behind the astronomical rise in the price of Bitcoin?

To avoid a major deflationary crisis, the European Central Bank and the US Federal Reserve have battled with an astronomical debt purchase and an immense shower of liquidity. As a result, the financial markets are being inflated. These effects have not been accidental. That was the intention from the beginning. The aggressive monetary policy implemented seeks to stimulate investment to promote employment. In other words, Wall Street and Ethereum Code review are not on the rise, because the central banks are mismanaging the economy. They are on the rise thanks to the central banks.

Central banks are often portrayed as the villains of the movie. It is assumed that much of our economic problems arise from the irresponsibility of central banks. Any injection of liquidity is automatically thought to be harmful, just because it dilutes the value of the currency. However, in most cases, this argument is an oversimplification of the whole issue.

Economic conservatives are always advocating a hard currency.

Gold beetles in particular are known to have these ideas. Libertarians in general have long defended the doctrine of hard currency. In many cases, they promote the ideas of classical liberalism about the invisible hand, the free market, and government non-intervention in the economy. However, experience has shown that not everything is rosy with the old dogmas. The libertarian path is extremely painful in times of crisis, because deflation can be devastating for people.

Now, we all like to criticize the actions of the government. And we all love to attack the powerful. Of course, it is very easy to criticize the monetary policy of the European Central Bank and the Federal Reserve. „They print money out of thin air. How awful! But, on the other hand, we can’t stand being unemployed. We want the economy to grow. And we like it when our investments rise in value.

During the crisis, Bitcoin went into a tailspin with the drop in demand in March of last year. Business closures, due to coronavirus restrictions, led to a significant drop in income and employment. Deflation invaded the economy. That is, if people don’t spend, there is no economic growth. This is when the government (on behalf of everyone) must intervene in the economy as a stabilizing agent. In other words, the central banks must inject liquidity in order to increase demand. Why is it necessary to increase demand? Well, because you need demand to get revenue. And you need income to create jobs. And people need jobs to make their expenditures.

If there are no buyers, central banks present themselves as the big buyer to get the economy going again.

A business without buyers is forced to lower its prices. But this reduces its profit. Hence, their ability to hire more staff. Assets depreciate, because no one wants to buy. In other words, there is deflation. Something as fatal as inflation. Here is the problem of a hard currency in the context of a system of non-intervention by the government: it is very difficult to control deflation and it is complicated to obtain monetary stability.

How would we be right now if the European Central Bank and the Federal Reserve had not bought debt and injected liquidity? The crisis would have been unbearable. Protests and social tension would have reached very dangerous levels. Society would be on the streets demanding intervention because of famine and poverty.

Right now, the central banks are not Bitcoin’s enemies. The libertarian narrative is not entirely adequate. Institutional fund managers are not investing in Bitcoin, because they have lost their faith in the system and are promoting the libertarian utopia of a world without governments and central banks. They’re investing in Bitcoin, because there’s a lot of liquidity available. Because there is a lot of liquidity, speculative assets become very attractive, because the investor is more willing to take risks. Digital is a trend. And the whole fintech area is a trend. Liquidity creates optimism.

The mission of central banks is to stimulate when there is a need to stimulate. The coronavirus crisis is being combated. And the markets have reacted. Cause and effect. The weakening of the dollar is a state policy to stimulate job creation. The rise in assets is directly related to the political