A circle of mainstream media positioned Iran's attack on Israel as a major negative.
Now that Iran and Israel have reconciled, this should be a good thing, right? Why don't you come out to pull the market? A bunch of bandits who only eat and don't spit.
War is good for cryptocurrencies. I also discussed this topic with US stock traders yesterday. The consensus is that geopolitical instability is a major positive.
If gold and commodities continue to rise in the future, the US dollar will definitely have a credit crisis, and a large amount of wealth will flow into stocks, gold, and cryptocurrencies that can resist the depreciation of legal currencies. I think this is one of the reasons why the Americans don't let Israel take action.
Whether the US dollar cuts interest rates or not, it does not prevent the US dollar from depreciating. Of course, it is not just the US dollar that is depreciating. I hope this depreciation signal can continue and give us a little carnival brought by the depreciation of legal currencies.
When the world is really in a financial crisis, cryptocurrencies will find their true value and will accelerate the transformation of traditional finance.
Every generation has its own mission. Our generation should enjoy the dividends of blockchain changing traditional finance.
