Federal Reserve's Major Policy Shift to 'Push Up Inflation' Could Send Bitcoin Price to $500K
news.bitcoin.com
by Kevin Helms
August 28th, 2020
Excerpt:
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge against higher inflation.
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Read entire article: https://news.bitcoin.com/federal-reserve-inflation-bitcoin-price-500k/
About the author: https://news.bitcoin.com/author/kevin-helms/
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TheGetFreelacey
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Re: Federal Reserve's Major Policy Shift to 'Push Up Inflation' Could Send Bitcoin Price to $500K - by Kevin Helms
I think it's irresponsible to throw around figures like $500K out of nowhere. But yes, inflation is happing around the world, and nearly every government is racking up unfathomable amounts of debt. This should give Bitcoin more cred.
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