10 sats \ 0 replies \ @KingZing 14 Jun 2022 \ on: Where do we go from here? bitcoin
I am very pessimistic at this point.
Money printer won't work anymore, and balance sheet is well a complete mess. Every countries having cracks etc.
Right now only productive asset and commodity are truly valuable, countries even beginning to halt export to secure their local demand.
In hindsight, this should have been even more obvious when masks export were banned back in early COVID.
Not sure how bitcoin is going to fare in a world like this, not sure how anything is going to get better at this point, except a long drawn out recession/depression even.