BTC design has a few flaws. The most important is it is inelastic and cannot support a credit market

So you would think that if #Bitcoin was a safe haven currency or asset, we would be seeing a flight to safety. Especially as all these third world countries with little to no currency stability….

READ  The Preferred Stock Purchase Agreements Will Hamper Access to Credit (Will Minorities Suffer As FHFA Tries To Reduce Overall Risk Exposure?)

but what is actually happening?

$BTC is about 1/3 of it’s high price & dropping

h/t OccupyWisdom

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.