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2501  Economy / Economics / Re: Can commodities return to its price last year? on: October 14, 2022, 09:47:45 AM
Inflation rapidly increased this year. Basic food stuffs like egg, oil for cooking, meat, and fish here in our country almost doubled compared to its price last year. I'm wondering if it's possible that the price of commodities will return to its previous years. If so, how or what will cause it to happen.
If you expect the prices of commodities to return to cheaper prices like the last year, it seems difficult to happen in the near future. In my country, the increase in petrol price triggers the commodity prices to increase more and more. Instead of expecting lower prices of commodities, they are going to skyrocket now. In my opinion, the government is trying to increase state revenue but they forget how the society's condition.  Sad
Commodity prices will return to normal if inflation is brought down to 2% as usual and the war stops, world imports and exports flow better, then everything will stabilize and return to the old level.
At the moment, other than continuing to print money to support, I don't see a better solution for the government, but in the long run this will not be good for an economy.

It's just scary to think that our money continues to depreciate over the years. Will there be a time that will come where average earners like me won't be able to afford a basic life anymore.
I'm sure there will be a solution to deal with the current economic crisis.
We should try to get more income from any source, we need more side jobs. While the government should try to evaluate its policy in controlling the commodity prices on the market.

I don't think there will be a better solution than finding a solution yourself instead of waiting for the government to come up with a solution. Just like you, I am also working different jobs to earn money, sleeping less, resting less and working more is our only solution right now.
2502  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: October 13, 2022, 12:45:54 PM
No one thought Union Berlin could be consistent so far until matchday 9 and therefore, with this unexpected result then Union Berlin will surely be able to continue their good trend in the Bundesliga. In fact, if we consider the head to head Union Berlin, it will still be difficult to win but yes, in a situation like this, it seems that the record on paper like this will not have too much impact on the final result that will occur at this moment. But what is certain is that Dortmund will not give up easily and at least Dortmund can still score goals, because even though Union Berlin has not conceded too many goals, but against Dortmund I am sure they will not keep clean sheets.
Judging from their condition last season, this can actually be said as another improvement and their performance is getting better as time goes by.
But it is clear that in this case it will definitely be a bit burdensome because judging from the condition of Union, which last season only focused on the Bundesliga, now they have a pretty solid schedule because indeed they are now in the Europa League too, hopefully this does not interfere with their consistency.

Although they are able to hold the top spot in the Bundesliga, they are not playing well in the Europa League. They have lost two out of three matches. In the last match, they won by a very narrow margin against Malmo. I think Union Berlin is focused on doing well in the Bundesliga this season. Winning the Europa League title is probably not their goal. Though I think they will be able to qualify for the next round. Today they will play against Malmo in the home match. My guess is that Berlin will win the match 2-0.
2503  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: October 13, 2022, 12:29:53 PM
Arsenal preparing to continue group stage match today against  bodoe which can’t be compared to arsenal currently arsenal is now a nail not easy swallowed for any kind of team and from there previous match against Liverpool in premier league the momentum to beat any team now as increased, their star player  saka and Gabriel Jesus is an instrument of distraction, a straight win for arsenal and the match is set to start  17: 45, given arsenal 1.44 and Bodoe 6.50 odd.

The way Arsenal are in form at the moment, no strong team can say for sure that they will win against Arsenal. It is very difficult for any team to win against Arsenal now. Every player in the squad has performed well. Because players perform well in their positions, their performance is very stable.

Arsenal beat Bodo/Glimt 3-0 at home. I think we will see similar results in the away matches as well. However, Bodo's players have the ability to draw against Arsenal. Therefore, Arsenal's players must continue to try to score goals from the beginning of the match.
2504  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 12, 2022, 07:19:09 PM
Tomorrow we have the match between Indian women and Thailand women in the Asia cup. This is the first time that Thailand has reached the semi-finals stage in Asia cup. But then, India are the favorites to win trophy and they bowled out Thailand for just 37 runs in the group stage match. There is not even 1% chance of Thailand proceeding to the final (although this is T20 format). But all that said, they should be proud of what they achieved so far, with very little help from the ICC or the test nations.

As the India women's team continues to perform consistently well, it is impossible for the Thailand team to stop them. The Thailand team, however, managed to qualify for the semi-finals. But their squad is not very strong. It becomes very difficult for batsmen to score 100-120 runs. The highest score of Thailand team in Asia Cup is 117 runs against Pakistan. Interestingly, in the last match against India women's team, Thailand team lost all wickets for just 37 runs. And India reached the target of victory in just 6 overs. I think we will see India's dominance in the next match as well.
2505  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: October 12, 2022, 07:14:20 PM
Almost entered the extra minutes, not a single goal was created. Atlético Madrid is very different now.
Even if two of Atletico Madrid's goals against Club Brugge were disallowed, I never expected them to draw the game. With significantly more possessions and shots on goal, Atletico Madrid dominated the game, but luck was not on their side tonight after those two goals were ruled off. The most underrated club in the group was Club Brugge, but they have shown other teams that they are capable of competing for the title just like other teams as they are topping their group with 10 points.

Atletico Madrid's players tried hard to win today. Atletico Madrid's performance was very good. But Club Brugge only needed a draw in today's match to qualify for the round of 16. So the Brugge players played completely defensive from the beginning of the match. I didn't see any attacking tendencies in the Brugge players. Their only task today was to fend off Atletico Madrid's strikers. And this they did successfully. They countered every Madrid attack and earned 1 point. Club Brugge qualified for the round of 16 as the first team from Group B.
2506  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: October 11, 2022, 06:08:25 PM
~
Well, Sean Pink Poodle O'Malley is not really scared of anything, and anyone he would likely be taking that fight whoever it is, and in Petr Yan, he is not really scared of Yan at all, and knowing that he has the height advantage he will surely take Yan on, and when he lost to Marvin Vera he is bragging that he lost because of the injury, and not because he lost to Chito Vera and that Pedro Munhoz eye poke he didn't feel sorry at all, no remorse at all, and I think he got some emotional issues, that is why I never like the Pink Poodle,
And I have read some news about Tyron Woodley Absurd comments to Khabib Nurmagomedov that his greatness was so wrong to him, that he isn't really that great, and Geoff Neal accepts to Fight Shavkat Rakhmonov, that was one shocking and great fight to witness but it is going to be a one-sided one,
I really think that O’Malley is overrated. Yes, he is finding success in his career. But I think he is being given a lot more credit than he actually deserves. He has had 16 fights in his career and never lost. That is a remarkable career so far. But I think he still has a lot to prove in the future. Obviously, he is not meant to be scared of Yan. But that does not mean that he will not get beaten by Petr Yan. By not saying that this is going to be the first L for O’Malley. Even though I really do not like him, I have to agree that he is a really capable fighter.

I am not interested in hearing what Tyron Woodley says about Khabib Nurmagomedov. Woodley was nowhere near the greatness of Khabib. So, I think he should keep his opinion to himself. Like TopTort777 said, I am not willing to listen to someone who lost against Jake Paul (a YouTuber).



On October 10, 2022, it was announced that Oleinik was released from UFC after completing his contract

Bye-bye The Boa Constrictor. It was always fun to watch your fights. I think Aleksei Oleinik is going to completely retire from MMA and focus on teaching his techniques to others. The guy is 45, 8 years in UFC, 78 professional fights and has been fighting since 1996.
Alexei Oleinik has had a decent career so far, he is really old at this point, and he has been involved in combat sports for 45 years. That must have grave consequences for his body. Historically, he has been fighting for a long time. I also feel it's time he stepped down from MMA. Considering his age, I think he could suffer a fatal injury if he keeps fighting. He has entertained a lot of people for so long. Now I think it is time for him to become a mentor and pass his knowledge on to the next generation of fighters. He had a pretty decent career, probably not the most impressive, but certainly a very entertaining one and I don't expect he will have any regrets if he decides to retire now.
2507  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: October 11, 2022, 09:30:12 AM
Lazio are at an incredible level at the moment. I doubted their win against Fiorentina today honestly but they proved me wrong by an insane performance. They demolished Fiorentina away by 4-0. After this victory they have increased their winning streak to four games as well and climbed to the 3rd position in the standings.

They have very impressive statistics lately. They scored 14 goals and conceded 0 goal in their last 4 games. This is a perfect performance even if this series end by their next game in the league. As it is going to be against Udinese who knows how it will end. Udinese are also one of the winner teams this season.
Lazio, Udinese, and Milan have the same points only Lazio is superior on goal difference. just like you too, I really salute the developments that occur in Lazio, they look amazing. ciro immobile closed Lazio's win by scoring 1 goal in the 91st minute, he is the top scorer in Serie A with 6 goals.

this is an interesting and fun (Italian) league by nature
but this season is really getting better

many teams fighting for the few places in the cup, new teams appearing and wanting to compete

very funny! as a football fan I am delighted
last season, Fiorentina did not look bad. indeed full of surprises this season in Serie A. the dominance of the previous strong teams is no longer visible. Milan, Inter, Roma, and Juve also have to try hard to compete with the teams that only overshadowed them last season.
although the season is still quite long. but we can see the rivalry between the teams which certainly makes fans and spectators very entertained.

Fiorentina performed very well in the previous season. And they were able to play well against renowned teams as well. But their performance this season is very poor. They have managed to win only 2 matches out of 9 matches.
On the other hand, the performances of Inter Milan and Juventus are also very poor. They are 8 and 10 points behind Napoli at the top of the points table respectively. Inter Milan and Juventus will not fight for the title this season. Their goal is to stabilize the team and qualify for the Champions League. But if the performance does not improve, these two teams will not be able to qualify for the Champions League.
2508  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: October 11, 2022, 09:25:27 AM
Unlike Barcelona, ​​they must concentrate on the Champions League match before they travel to the Santiago Bernabeu, Madrid's home ground. meaning, Xavi's attention will be devoted to the champions league match before thinking about the El Classico party.
Barca must win this match over Inter, but if they lose. Barcelona is unlikely to have any chance of qualifying for the next round.  Xavi's attention will automatically be devoted to the La Liga trophy.

Right now, getting full points against Inter Milan is more important to Xavi than a win against Real Madrid. Because if Barcelona lose against Inter Milan in the Champions League, their qualification for the round of 16 will be completely uncertain. Barcelona will surely want to have a first round exit from the Champions League despite having such a strong squad. I believe Barcelona will play well today and get 3 points against Inter.

Barcelona's attacking players will definitely need to perform well if they want to earn full points against Inter. Because in the last two matches of the Champions League, Barcelona has not been able to score any goals. Barcelona lost two matches due to poor performances from the attacking lineup's players.
2509  Economy / Speculation / Re: Will BTC reach 45k before this year ends. on: October 10, 2022, 09:42:35 AM
No one predicted bull run of bitcoin in dec 20-jan 21 .

So Anything may happen. But Lets hope for the best. If everyone is bullish on Bitcoin, why doesn't it reach $40k? We are already half way there.

Many things that we did not expect to happen often, sometimes Bull Run could occur in a short time, 2021 and in 2017 Bull Run occurred in a month, prices skyrocketed more than 200% within a month, and in 2022 still had plenty of time so we could Seeing prices can reach $ 45K.

I hope you are right because by now I believe we all expect bitcoin to rise again. But honestly, it's very unlikely because in 2017 and 2021 we don't have crisis like this year, war, energy crisis, inflation and Fed rate hike. If we ignore the factor of the 4-year down cycle, all of that combined will certainly make the market never better or recover, there are only 3 months left until the end of the year and to hit $45k means BTC has to double its current price. I don't believe that will happen.
2510  Economy / Speculation / Re: BTC price consolidation at $20k for 4 months on: October 10, 2022, 09:30:36 AM


1) The Russia-Ukraine insanity is resolved. You wake up with the good news at any given day, prices go up
It is possible that bitcoin and the entire financial market will be pumped if this news happens, but there is no guarantee that bitcoin will stay high and the uptrend season will come immediately. You should remember that we are still in bear season and the bear cycle lasts 4 years, and another thing is that we entered a bear market before the war so the current drop in prices is only partially affected by the war, the main cause is still in the yearly bear cycle.

2) That BTC decouples from the SP500 during this situation and actually starts acting as a store of value and not just a good investment during low interest rates

I think there is no relevance here, simply because when inflation occurs, risky assets will all be affected and decrease in price because of dumping.
2511  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: October 10, 2022, 01:26:18 AM
It was definitely a worrisome game for PSG but I think they deserve to have a few games like this. You can't wait dominance every single game from teams, even City loses at premier league and still considered the best team.

I feel like there are ties here and there that makes players fired up again for a few more weeks and it is a good thing, because there is no possibility of winning all the games, so instead of a loss, it's better to get a tie so that the players would wake up and they would still have some points anyway. They are going to be champions for sure, missed some players during the game, but that's fine, they will recover soon enough.
Yes, it doesn't matter because after all it is a result that will indeed be obtained, but if it is associated with the best team then PSG should be closer to perfect results to get more wins. At least we can compare with the best teams in different leagues too, like about Bayern Munich and also Manchester City for the previous few seasons when they continued to get full points but they failed to maintain that record towards the end of the season. But for PSG, I still don't get a record like that or a record to come close to perfect for a win when they are already the strongest in Ligue 1.

The strongest team in Ligue 1 is PSG. And so as common spectators we expect PSG to win every match. But this is not the case. PSG won 8 out of 10 matches and drew 2 matches. I would say their performance is pretty good. PSG won't face much problem if they draw 1/2 matches.

PSG's main goal is to perform well in the Champions League. And they are top of the table in Group H. Apart from the draw with Benfica, they have earned full points against Juventus and Maccabi Haifa. And I believe PSG can win against Benfica in the next match.
2512  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: October 10, 2022, 01:15:16 AM
Basically Barcelona have a chance to be group winners or runners up, but after Barcelona lost by Bayern Munich then I'm sure Barcelona will be runners up. Because in my assessment Barcelona and Inter, Barcelona are still better in terms of player quality, even though there were incidents during the match against Inter but still, the defeat by Inter should not have happened. Because of that, it will be very difficult for Barcelona to overtake the second place but if Barcelona can beat Inter by a big score in the next match then it will promise for Barcelona to be runner up.
The second leg match against Inter Milan will probably be the deciding factor for Barcelona whether they will qualify or not. If they win then the chances are even greater if the same thing happens in this match against Inter Milan then their chances will be even smaller and it can even be said that they have no chance. Either way, they have to go all out in the match against Inter Milan, because victory is an absolute must for them if they want to keep their hopes of playing in the Champions League this season.

It is a do-or-die match for Barcelona. Barcelona now has no choice but to win if they want to qualify for the round of 16. The important thing is that this is Barcelona's home match. In-Home matches, Barcelona is always strong. Barcelona has lost two away matches against Bayern Munich and Inter Milan.

Because even if Inter Milan draws in this match, they will be ahead of the points table. Therefore, from the beginning of the match, Inter Milan will play defensively. And if Inter Milan can score the first goal in this match, I think Barcelona's chances of winning are very slim.
2513  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: October 09, 2022, 01:46:34 PM
~ if it is true that Chelsea still want Ronaldo at the end of the season or the next transfer window. the question is, can Ronaldo again show his performance at Chelsea, this is interesting for us to wait for. because I'm not sure both Auba and Ronaldo will actually leave.
Chelsea play attacking football and with the change of coach, I see their efficiency has increased. I don’t think that Ronaldo has aged so much over the summer to stop playing at least at an average level and forget how to score goals  Grin It is natural that he will score some goals playing in such a strong team as Chelsea - plus if they buy him then obviously the situation will be different from the situation at United where the manager simply does not want/does not know how to use such a tool as Ronaldo.

It could be a very fruitful transfer for Chelsea and Cristiano Ronaldo. Cristiano Ronaldo still has a lot to give. There is a problem with him because he is unwilling to adapt to Manchester United in any way. I think that's going to change. If Chelsea brings him to the team I think we will see a boost in their scoring rate.

If you look at the performance of Chelsea in the English Premier League you will see that Chelsea has 5 wins against their name. But the problem is the goal difference. They do have a positive goal difference. The problem is that the number is 3. It's pretty low for a team in 4th place in the English Premier League.

You know, they have scored 13 goals so far and conceded 10. Ronaldo can help Chelsea with this problem, I think. But Chelsea will bring Cristiano Ronaldo into the team at their own risk if they do. He will be able to perform, but Chelsea is responsible if he can't.
2514  Economy / Economics / Re: Are we heading towards recession ? on: October 09, 2022, 01:12:52 PM
A recession was pretty much expected even without the pandemic and the war in Ukraine.
The US economy was running on monetary steroids for over a decade. The amount of US dollars in circulation has reached a historical peak.
The European Union got into the Russian gas "trap" decades ago, when the Russian gas was cheap. The nations in Europe will have to pay the price for gaining their energy independence. Gas prices in Europe will be higher for a while, but the EU countries will have to reduce gas consumption and find alternatives.
Overall, I don't see a recession as a bad time. The economies need recession, in order to get rid of the market deviations and the toxic amounts of greed and optimism.
Risk assets like Bitcoin most likely won't perform very well in this recession, which is kinda ironic, because Bitcoin was created after the 2007-2008 recession and Satoshi had the 2008 recession in mind, when he created BTC.


What you said reminds me, I also read some predictions by some economists in my area earlier that they predicted an economic crisis will happen in 2020-2021. Maybe the timing isn't completely accurate but what amazes me is that it actually happened and those predictions were made before the pandemic broke out and the war broke out. They say that world economic history always repeats itself and we cannot avoid it, just study history and you can read what will happen in the future. It's actually pretty vague to me but what you said reminds me of these predictions.

Crisis or recession will be the end for many empires but an opportunity and opportunity for many others. Sometimes not all is bad, after the rain it will be sunny, so a lot of people are still looking forward to this day.
2515  Economy / Gambling discussion / Re: 🥊 The UFC Info and Prediction Thread on: October 09, 2022, 01:03:48 PM
I’m an admitted casual, but the next fight I’m looking forward to seeing is O’Malley vs Yan. I’ve been watching their older fights on YouTube and I think Yan is definitely a step up for Suga. I think this is the first time he’s going to be challenged and I’m not sure if he’s got the strength to stand up to Peter. This might be his first real L (the last one was eh).
Definitely, there will be eye-pokes if you consider the pink poodle fighting Petr Yan, even if it looks like it wasn't intentional Pedro Munhoz was in a lot of pain so I am thinking it might be intentional but surely Petr Yan is in an advantage over the pink poodle, striking was the best option and the only option for the pink poodle, and Petr Yan was so good at striking and on the ground so Petr Yan is more well-rounded than the pink poodle,

O'Malley is looking very confident about entering this fight. As he has stated, there is not the slightest bit of fear in his heart about facing Petr Yan at all because he knows that it will be a tough fight, but at the same time, it will not be the end of the world for him. There is no doubt, he is already quite a skilled fighter and is also known around the world. It seems he is going to be very confident but, to be honest, I don't think his skill level is above his opponent.

However, we must also keep in mind that Petr Yan is also a very capable fighter. In addition to having a really good takedown ability, he also has an amazing stand-up ability. Furthermore, I think that this might be a loss for O'Malley as well. Petr Yan is known for being very resistant in his fights. He is almost like an immovable object.
2516  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 09, 2022, 07:01:51 AM
New Zealand   VS  Bangladesh

New Zealand won the toss and decided to field against Bangladesh. Although the performance of Bangladesh's bowlers is good, it is not possible to predict the performance of their batsmen. So I think New Zealand's decision to win the toss and field was right. And Bangladesh is probably going to lose this match too.

At the end of 10 overs, Bangladesh lost 3 wickets after collecting 63 runs. There are two new batsmen Mosaddek and Afif at the crease. These two batsmen perform quite well in T20 format. If these two batsmen manage to form a decent partnership today, Bangladesh might be able to collect 140-150.
2517  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 08, 2022, 07:05:31 AM
Brighton vs Tottenham in my opinion will be an exciting match. Brighton who are under Tottenham in the standings are very enthusiastic about beating Spurs.
Leandro Trossard will be the mainstay of coach Roberto De Zerbi to win. Not without reason, Trossard just did a hat trick last week at Anfield.
In the Tottenham camp, Antonio Conte, who lost in the London derby against Arsenal, did not want his team to lose again. Son and Keane will be used as a duo who will realize his desire to win points at The American Express Community Stadium.
Son Heung-Min who held the status as the top scorer last season, his performance is now being highlighted, because of the early season appearance that struggled to score goals, Son's dull appearance was also recorded last week in the London Derby against Arsenal, Son Heung-Min was barely highlighted because absolutely unable to fire a shot against Arsenal,
Brighton is not an easy opponent for Tottenham despite the absence of its coach, Graham Potter, but Brighton is able to appear competitive against a tough club,
Although Conte fielded Son and Kane in the match later, but I don't believe Tottenham will be able to beat Brighton and can steal the three points at home to Brighton.

Brighton is the fourth team in the points table. Their performance this season has been excellent. They lost only one match. The players in both the defence and attack positions have been able to continue their steady performances. The Tottenham team is not weak. Even so, it is very difficult to win against a consistently good team like Brighton.

I expect a good performance from Harry Kane and Son in this match. If these two players play well, Tottenham can win against Brighton. Otherwise, I think Tottenham will lose points in this match. Son had a great performance against Leicester. But his performance against Arsenal was not good. Brighton's defence is strong. If Son and Kane do not play well, Tottenham cannot win.
2518  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: October 08, 2022, 06:57:30 AM
Despite having many T20 specialist batsmen in the West Indies squad, they are not able to play well. If the batsmen lose form like this before the World Cup, it does not seem that they will be able to play well in the World Cup.
Betting on Australia in this T-20 series against West Indies was easy money for me. I felt that the odds were decent too in both matches.
West Indies have been struggling across all formats for sometime now which is why them getting whitewashed in this manner isn't surprising at all. They have zero chances of winning the T-20 World Cup this time around if you ask me.
Yes, In the first match we saw a fighting game for West Indies cricket though that was low scoring match but they failed in the second match. They lost again. What many were saying is that Went Indies is still unable to return to his old form. The performance that they are doing this time means that they have no chance of winning the World Cup. Currently they are not able to maintain their position in any format. Nothing to say except they should be more careful.
Australia have won the match and the series in an easy way. The upcoming T20 series will be more interesting. On 9th of October first T20 being played by Australia against England. Australia is in good form, and England have the same competence level will keep the match alive till the last ball.
Before the start of the match between Australia and West Indies, there was an assumption that the match would be one-sided and it was. But the series between England and Australia will be very tough. No one will exempt anyone from any situation. Because both teams are hoping to win the World Cup. Both are getting a chance to play each other before the start of the World Cup. In that case, it is possible to expect something good from both sides.

I didn't think the West Indies vs Australia series would be one-sided. Because the West Indies team is very strong in the T20 format. If the series was an ODI, I would say Australia would win the series one-sidedly. However, the performance of the West Indies batsmen was very poor. Despite having many experienced batsmen in the squad, they are not able to play well. They are not able to collect more than 150 runs.

The England vs Australia series will be very competitive. Because the goal of both teams is the next World Cup. So no team will want to lose this series. I personally like the England team. So my guess is that England will be able to win the series against Australia.
2519  Economy / Speculation / Re: Cryptocurrency is silent why? on: October 08, 2022, 02:17:58 AM
when compared to last year, indeed cryptocurrencies in 2022 are very rarely about good news,
and make like quiet and more bad news, the latest is bad news about BNBCHAIN being hacked,
of course this will make cryptocurrencies highlighted badly again.

Cryptocurrencies are still in the development stage with many shortcomings so being targeted by hackers is inevitable, but BNB's attack is not too serious. As far as I know, the hacker only stole 50 million distributed through the ETH network and all the rest was frozen in time, the hacker did not have time to disperse all the 600 million that he stole. The core cause of the current silence is still due to the economic crisis, as soon as the economy stabilizes again, the market will be active.
2520  Economy / Speculation / Re: What will happen to BTC & the rest of crypto if the US will default on its debt? on: October 08, 2022, 01:47:45 AM
I know that folks like Warren Buffett / Alan Greenspan told us the US will never default on its debt but just in theory, how much impact the default will have on BTC and crypto? Should we even worry that "printing" will stop?

https://www.yahoo.com/video/warren-buffett-explains-the-simple-reason-why-the-us-will-never-default-on-its-debt-185105213.html

As the article clearly states, the US government is the owner of the money printer, so there is no US government default and the USD is also the currency of the world, they will print as much as they want to deal with if their country has a problem. The US is considered the economic center of the world if they default, you should know that everything will fall apart and cryptocurrencies are only a small part of the world economy. It's still not something big enough to withstand any economic turmoil in the world.
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