Bitcoin rising from banking collapse...Permanent or new Fed stops ahead?

[coolcoinz]

In 2008 no one would have thought that bailouts for big businesses/corporations like banks were even possible. Your post and points are completely accurate, what I wonder is mostly about what stops the Fed could put in place that no one would have thought of like they did in 2008? I find it hard to accept there has been no innovation in fiat failure/crisis management for the last 15 years. I suppose it also would not be so surprising if there wasn't. Or, maybe I am just over analyzing and it's as easy as ABC. There's no catch, and the next 1-3 years are what everyone in Bitcoin has been waiting for.

They had their ideas how to approach it and keep inflation low. The idea was to print slowly and carefully but we all know, as Tyson once said, people have a plan until they get punched in the face.
So the FED got punched in the face when the COVID started and instead of allowing people to trade they shut everything down and put business on the verge of bankruptcy. Then they gave people brand new money so they could cover the debt the US government put them in. This bumped the inflation but it was still under control until the Russian invasion that tipped the scales because it greatly impacted EU markets.

I feel like the FED is fucked. They had a plan that failed. The ship hit the iceberg and they're at the pumps but the leak is still there and eventually they'll have to take a break from their work and let it sink.

If they keep increasing rates they will make the banking sector go bankrupt. If enough banks go down people will lose their savings and they'll have to face protesters.
If they start printing again they will have to live with inflation above 10% and watch more countries opt out of holding dollar reserves and turn to commodities instead.
Both options are good for bitcoin, gold, land...

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[Gayong88]

TLDR: Do you think that the Feb or other Bitcoin adversaries have any potential plans to either hurt Bitcoin, or make the banking system seem more reliable for a period of time again to prevent the current uptrend from continuing?

It is true that the recent increase in the price of Bitcoin can be attributed to its perceived value as a hedge against the weaknesses of the global fractional reserve banking system but I think it is important to note that the value of Bitcoin can also be affected by a variety of other factors, including investor sentiment, news events , and regulatory changes.

The statement raises interesting questions as to whether the Federal Reserve and other Bitcoin adversaries have potential plans to hurt Bitcoin or make the banking system appear more reliable. It's common to me that governments and central banks around the world are closely monitoring cryptocurrencies and looking for ways to regulate them.

[Husires]

Do you think that the world does not view Bitcoin as a global threat worth considering and fighting? The capacity of the Bitcoin market is still far away, and it may represent the number 18 of the highest global assets, and there are more important things, such as what is happening in Russia or Taiwan, strengthening the banking system, which contains liquidity of more than several trillion dollars and others, and the 20% increase that occurred for Bitcoin does not mean Necessarily it is a safe haven away from traditional financial systems.

I agree with you that the government is taking measures to clamp down on Bitcoin, but its main goal is to reduce investor losses after what happened with FTX.

[Unbunplease]

In principle, bitcoin was conceived as an alternative to the existing banking system. So if there is a collapse of the banking system, people should pay more attention to bitcoin. That's what we're seeing now, that the price of bitcoin has started to rise.

[STT]

Its real because DXY isnt rising, the FED is failing to cap inflation is real also.  The only other effect is to speculate on the time frame of the failure to maintain value in currency, overall the loss of value is extremely hard to reverse longer term and BTC responds in main to that longer term bias.   The rest of this back and forth is trading, the real reversal would require massive turn around in fiscal budgets back to surplus and a closure of the debt long term, repayment no more borrowing.  Politics wont support that hard line because it requires too much of a back bone I think, inflation is what the nation suffers as an alternative but its far easier to go down that well worn path.

[DoverDoane]

Yep, it seems very easy. You couldn't believe the FED will just give up but it seems easy to accept BTC than Digital Yuan.

With the banking crisis, the system will not be reliable again unless they are going back to the gold standard.
They use to ban citizens holding gold though if they ban BTC also then it will just be the same case later on, they allow people to acquire gold. It depends on what serves them.

Because the value of gold is fixed and continues to rise over time, it's not like money that experiences ups and downs of inflation.

[avikz]

The global events are definitely having a great positive impact on crypto demand, which is resulting in price increase. Banking collapse is definitely shifting the trust of common users towards crypto. However, it is very difficult to say whether it's going to hold or not.

FED can surely step in a decide to decrease the interest rate, which might again have an adverse effects on the demand. But only time will tell what's going to happen.