Today is a very special date. The US national debt is reaching it's ceiling. In the past weeks, Congress must decide about raising the ceiling on how much debt the federal government may carry. They must act now. I sense a certain panic that is being controlled, no one seems to be talking about it.
This, coupled with the fact China is trying to keep people's money inside the country, are two big factors that may be pushing more and more fiat inside the Bitcoin ecosystem. Long term buy and hold is the only way out.
No one is talking about the ceiling because it's a joke. Your democracy is broken.. people can see how the senate votes.. anyone that votes against bankrupting the country will be smashed by the courts and media.. The celling will ALWAYS be raised always always, play the markets accordingly.
China is hilarious.. they want free flow of money but insane capital controls.. the East is a fucking joke when it comes to fiances.. Like ours is bad but theirs is a joke of a joke of bad. It is utterly pathetic what they are doing.. The stupidity of gov is un ending.
