COLLAPSE OF BANKING SYSTEM? đłđł
đ° Strike CEO Predicts $1 Million BTC Amid COVID-Level Money Printing
Bitcoin could be headed to $1 million after a tsunami of newly printed cash drives up all asset prices, according to Strike CEO Jack Mallers. The executive, whose payments app lets people remit fiat currency around the world on Bitcoin rails, said in a Friday interview that money printing will be required to bail out the U.S. bond market, which he claims is âin trouble for the first time in modern financial history.âAccording to Mallers, the U.S. government and the Federal Reserve have two options: either let the banking system fail, or print their way out of the mess.