You are viewing a single comment's thread from:

RE: Cryptocurrency: Japan's Lost Generation Is An Example Of The Future

in LeoFinancelast year

When it comes to the ECB printing large quantities of QE money I say bring it on! The so-called asset based cryptocurrencies such as BTC are essentially receptacles through which the deluge of QE will flow trough. When central banks go on a buying spree, stock prices will go up and we know some of that money will find its way to crypto. Maybe not so much gold because gold is a thing mainly old people like to hold. When boomers kick the bucket their holdings will be in the hands of millenials who won't touch gold but buy crypto instead.

Posted Using LeoFinance Beta


That is true.

Also a lot of the money end up flowing into technology, that is why the NASDAQ keeps going to new heights, even more than the DOW and S&P.

It is the beneficiary of all that money printing.

Posted Using LeoFinance Beta

Absolutely true. I think NASDAQ will benefit mainly because the largest tech companies have benefited from the pandemic. Amazon is making a killing while brick and mortar's decline has accelerated. Office workers are increasingly working from home, which benefits telecommunications and software companies.

Posted Using LeoFinance Beta