/biz/ - Business & Finance

>>16486924
Even Bitcoin velocity mimics USD velocity. Why? Because it is directly tied to it. That strength oozes out into everything it touches.

IN GOD WE TRUST

I'm sorry the world didn't turn out the way you thought it was going to. Fortunately for us it wasn't left up to you.

>>16421062
>pretend like cryptocurrency will save me

>>16415545
BTC velocity also down...

>>16414638
I don't think you know how recessions work. Currently M1, M2, and MZM velocity are way down. People are holding on to their paper. Coiling up like a spring. Its going to be kinda of hard releasing all that tension into the a digital infrastructure that doesn't exist.

What were they telling you? That it would all flood back into the virtual casino?

The hoarding is so contagious that even BTC velocity can't even pick up steam.

Come back home...

>>16384266
>You're pointing out the fucked up part of the feds and us govts policies

And don't think for a second that crypto is immune from this. One could easily argue that crypto itself was born from the 08 recession literally. All that zero percent easy money going into all things crypto. The 2019/2020 recession will be the fall out of the digital monetary world as it is now clearly running on fumes.

Bitcoin velocity following suit as price went up but velocity went down. Can't wait to hear the "store of value" arguments.

https://charts.woobull.com/bitcoin-velocity/