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10 sats \ 4 replies \ @cryptocoin 12 Jul 2022 \ on: Will Europeans now buy bitcoins, usd or stay with the Euro? bitcoin
The Euro has never been pegged to the value of the USD.
This is, however, the first time in about two decades that the dollar has been worth the same as a Euro.
https://i.postimg.cc/fbYF8yxr/2022-07-12-09-50.png
[Larger image]Source: https://www.statista.com/statistics/412794/euro-to-u-s-dollar-annual-average-exchange-rate/
Ok, "the peg" was a commmon term here although it's true what you say. However, how do Europeans feel about this? Are still confident in the Euro? At least it's better than going back to tens of currencies with its own monetary system and exchange rate. I don't think Spanish poeple would like to go back to the Pesetas. It will end on Euro, USD/Stables or BTC in my perspective.
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At least it's better than going back to tens of currencies with its own monetary system and exchange rate.
A Twitter poll says Euro is done.
Watching EURUSD closely. Will this thing collapse entirely under Lagarde? Including Euro breakup?
Answer Percent Yes 48.6% Was always gonna 37.1% She's gonna step down 5.7% No, she's got this 8.6%
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Twitter people are too dramatic and too emotional. They have no to chill.
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This is the equivalent of a Sovereign default avoiding bail out and will inevitably lead to a #Euro break up.
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