Everybody talking about economy reopen but problem

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

[jackg]

But there is inflation? Where are they getting this money from?

Governments aren't going to entertain any investments in crypto unless they're tiny enough to not make much of an impact and then it won't do anything for them. And thisd cause inflation still, what if everyone's holding? There are going to be a lot of holders and a lot of preassigned otc sales already.

[Hippocrypto]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

Volatality ?
Not a problem with that heavy money btc will go to 300k
And with that big capital and limited supply and halving
Well its safe bitcoin only are volatile with small capital
Omce money is heavy it will be 100x deflation for btc

[OpenCryptoSystem]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

That idea was too hard for the government regulators to implement, because we all knew bitcoin's character was volatile. What if for example, they'll able to convert 60% of each country's money and turned out as digital currency btc then suddenly it will collapse of its value. We don't know yet the effects, there might be much worst that would going to happen and I guess inflation could abruptly arise which is so difficult to recover unless demand increases so fast.

Too hard ? Ok but then what they use ?
Btc are suitable as ledger the buffer to record and save wealth on it

[harizen]

..so by march i hope btc price 500k eth 50 at least..

This reason alone is enough not to consider pushing it.

It's not that simple to execute and it will raise lots of "what if" questions that needed to be addressed. Economists aren't that dumb not to consider volatility even how positive bitcoin's future is.

We are just thinking too much because of the current situation. The economy will surely rise once the curve flattened and it's currently on progress.

[goaldigger]

This is not easy as we think and of course, the government will not buy Bitcoin that much this is far from reality. There’s a lot of things to be consider when we are talking about the economy, one thing here is that the inflation are rising and same thing with the world debt. The economy will recovers years from now, but not in terms of months.

[kiki8899]

If the bank invest bitcoin a lot, even 50% or 60% like you said, it may be helpful to solve problems like inflation, But the bank also lost its original function and may eventually lead to bankruptcy.

[Yum Bravo]

No, I don't think it works, in different countries, the bank have different abilities, if they spend a lot in bitcoin, it will influence their features and disturb people's life.

[KINVAN SUE]

I personally think that reopening the economy is better than closing it.
Now the trend of globalization economy is strengthening. If the economy does not reopen, it means that we cannot use cheap foreign labor, nor can we take advantage of our advantages, which will have a certain impact on our economic development.
But again, if the economy reopens, it will also face some problems, such as regulation and competition.

[GreatArkansas]

For me, Banks will never do it. They are afraid to lose their customers, they will start to lose income too. Bitcoin is the number 1 threat for the banks.
Bitcoin aims to solve the problem in traditional banking.
Economy will get back to track in a normal way, people will start to learn and realize how suck the current economy and that's the time they will start to introduce in Bitcoin.

[orions.belt19]

I don't think buying crypto will become a quick and easy fix for world economy. There's no saying that the price will go up, whether or not "heavy money" is put into it. Even large financial institutions are scared of putting too much into crypto. JP Morgan specialists predicted that crypto will surpass $146K then double backed when a few days after the BTC price fell below $30,000. After that, they said that BTC will never surpass $40,000 again. Not everyone can stomach the volatility of crypto.

I agree that reopening the economy poses a problem especially with the pandemic going on. Distribution of vaccines does not guarantee lesser infections and transmissions. However, not reopening is probably even worse both for people and businesses. Unless we help each other rebuild the economy and flatten the curve, economy will continue to suffer. Inflation has gone way up and I feel like were just in the midst of a crisis.  

[Latviand]

But there is inflation? Where are they getting this money from?

Governments aren't going to entertain any investments in crypto unless they're tiny enough to not make much of an impact and then it won't do anything for them. And thisd cause inflation still, what if everyone's holding? There are going to be a lot of holders and a lot of preassigned otc sales already.

Maybe the governments already thought about that and only some countries do have the guts to engage in cryptocurrency.

For some people, bitcoin and other coins can be the answer to inflation but for the governments? I think it is not that worth it.

Maybe the government should focus on those businesses and opportunities where they can still operate safely without violating any rules and protocols. Cryptocurrency is also a good investment but not for the government, that's why they make bitcoin a decentralized finance, so that people have freedom with their assets.

[AicecreaME]

This is a great idea, however not all of the Government around the world would take this as a plan to recover the economy and to defeat inflation, given that most of the Government officials are corrupt and greedy even though it's not their own money. And as you were saying that volatility is not a problem if they have bigger capital, that is only if they are willing to take such risk for their country. Most of the time they will just ignore this fact that cryptocurrency is the key to their problem.

[hugeblack]

Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc

According to some data reported by MicroStrategy, we need companies to invest less than 3% of their net assets to get a price higher than $ 500,000.
An investment of 60% may make the price reach several million dollars and may lead some governments to try to attack the network in order to achieve losses for other governments.

Do not expect governments to enter and buy Bitcoin, even if they do so, it will be through investment funds and not buying quantities from exchanges.
They can also confiscate some money and accept taxes in cryptocurrencies.

[Leviathan.007]

You are talking about the centralized banks enter the crypto market and bitcoin. But governments won't let any bank to do such think because by doing so, they enter to a decentralized network with unclear transaction and it's against the governmental regulations. Because, this will be much harder to trace the transactions for the governments and while they do need a transparent transaction system. Bitcoin is super awesome for us to invest on it but not the banks and the governments.

[youdacapt]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

World economics does not work the way you have analyzed; It is true that governments are trying to re open the economy and ofcourse it has to be opened soon to ease the burden of inflation. Also you need to understand that Banks or governments putting money into etherum or bitcoin would not affect a country or the worlds economic situation in any way. Let us continue to encourage everyone to stay protected so that the pandemic will subside and the economy can be opened.

[Mauser]

If we open like this its economic problem
Solution is to transfer 60% world money and capital in btc and eth  so by march i hope btc price 500k eth 50 at least This is needed to save economy to prevent the high inflation we need to put most of the wealth on eth and btc
We need also to do this becouse i hodle btc and eth.

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation


Genius just genius

I can't fully follow your idea. You argue that all governments around the world should be buying bitcoins? I think most countries are actually in need of capital to support their economy and help out people in need. Also the corona vaccines need to be bought.

[sunsilk]

Your suggestion isn't ideal. No government wouldn't do that. They're aiding more people with the fight against the coronavirus 19 pandemic and as you see, there are more printed money coming to the economy just to sustain people's life.

Bitcoin is volatile, they can invest in it but there's no guarantee with what you're saying. That description and prediction you're giving might be one reason why many are still don't like it even til' now.

[Oasisman]

Banks govermemts need to put alot money in btc and eth
This way there is not so much money so no inflation.

Seriously, majority of the government wouldn't do that. Instead they'll make their own digital money.
Though there were some local government units like Miami has showed interest with Bitcoin and their mayor wants to allocate some investment budget to Bitcoin but it's not to avoid the inflation, but for their city's Innovative progress.

This idea ain't easy to execute, and won't probably happen.