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Title: [2016-06-27] Ex-JPMorgan Strategist: Euro Collapse Will Fuel Bitcoin's Growth Post by: Karartma1 on June 28, 2016, 02:55:23 PM A bitcoin investment firm led by two former JPMorgan traders has published a note which speculates that the EU referendum in the UK could lead to the ultimate decline of the euro, thus boosting the value of the digital currency.
Read more here http://www.coindesk.com/ex-jpmorgan-strategist-euro-collapse-bitcoin/ (http://www.coindesk.com/ex-jpmorgan-strategist-euro-collapse-bitcoin/) Title: Re: [2016-06-27] Ex-JPMorgan Strategist: Euro Collapse Will Fuel Bitcoin's Growth Post by: TraderTimm on June 28, 2016, 03:06:32 PM It really could be changed to " Any Central Banking Mistake Will Fuel Bitcoin's Growth ".
The Euro is dead man walking, though. There really isn't much point for the rest of the member countries to continue, unless they want to shoulder increased burdens from the poorer economies. And that is the whole problem -- the entire EU experiment is nothing more than economic arbitrage. People move around, money sloshes around, and the premium that stronger economies in the EU have end up getting whittled down by others coming in to claim their part of the bounty. Ultimately this ends up with the stronger economies struggling and sinking down to the level of the poorer countries. And that is precisely how this will go among the countries that are stupid enough to stay. Title: Re: [2016-06-27] Ex-JPMorgan Strategist: Euro Collapse Will Fuel Bitcoin's Growth Post by: Karartma1 on June 28, 2016, 05:49:39 PM Yes.
They saved Greece and they did not let it out of the EU. Now the EU lost one of the biggest member. What now? An anecdote: I'm curious to know how much ECB capital the Uk will hold Look this, they hold more than 10% https://www.ecb.europa.eu/ecb/orga/capital/html/index.en.html |