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0 sats \ 3 replies \ @oomahq 30 Aug 2024 \ parent \ on: Bitcoin in Europe: can accelerated debasement of money force adoption econ
This chart says that both are turds falling from the sky.
There's no reason for Europeans to exchange their EUR for USD, nor for Americans to do the opposite. There are better options for both.
It depends…if you think the rate of debasement for the Eur won’t accelerate…
The high skilled workers will flee from the migrant hordes, while de-industrialization is accelerating as well. Let’s see what the euro will buy 10 years from now 🤡
Of course the Europeans won’t be Europeans anymore, they will be a homeless diaspora, the ones that get out.
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Of course I think the debasement of the EUR will accelerate. Just like the debasement of the USD.
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My argument is, different rates…4 billion people with basket case fiat buying tether…USD collapse is last
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