"backed by the full faith and confidence of the government"

[fenican]

That phrase doesn't mean a whole lot when the government isn't even open for business. Expect a substantial rally in BTC as the US government shutdown drags on.

[Futurm]

Now countries for BTC and encryption monetary attitude is very strange, such as the United States, banned the ICO, but some states do not allow the currency, but some states allow BTC, south Korean some officials to ban the BTC, other officials, however, support the BTC, it's really interesting.

[Kakmakr]

The US shutdown news has nothing to do with Bitcoin, but it might have a ripple event, when people lose confidence in the government and they go looking for safehavens to park their wealth.

There are some Doomsday Preppers that believe that there will be a economic meltdown in the USA and some of them might buy bitcoins to protect their wealth, when things like this happens.

[RawDog]

There are some Doomsday Preppers that believe that there will be a economic meltdown in the USA and some of them might buy bitcoins to protect their wealth, when things like this happens.

Those would be some pretty smart Doomsday Preppers.  $20 Trillion in debt just sounds like a cool number.  But when it causes the country to collapse very few will be ready.  You think Venezuela is bad?  Ha!  America has guns.  If you don't have 50% net worth in crypto, you are freaking risking your family's very existence.  Meltdown in the USA is coming.  Even Rome finally saw its curtain call.

[davis196]

Now countries for BTC and encryption monetary attitude is very strange, such as the United States, banned the ICO, but some states do not allow the currency, but some states allow BTC, south Korean some officials to ban the BTC, other officials, however, support the BTC, it's really interesting.

The crypto supporters vs. crypto haters battle is more furious than ever.The sad thing is that the crypto haters manipulate the majority with lies and FUD and that`s how they gain more support and some day,they will force a mass ban over cryptocurrencies.Most of the exchange platforms implemented  the KYC policies,pay their taxes and  now they are legit,but the crypto haters won`t stop.They want to shut down the major exchanges.

[flippener]

Those would be some pretty smart Doomsday Preppers.  $20 Trillion in debt just sounds like a cool number.  But when it causes the country to collapse very few will be ready.  You think Venezuela is bad?  Ha!  America has guns.  If you don't have 50% net worth in crypto, you are freaking risking your family's very existence.  Meltdown in the USA is coming.  Even Rome finally saw its curtain call.

Those are strong words. But I suspect you may not be wrong..