Nostr News Network on Nostr: Of course, China hinting at devaluation is a huge risk: China has $60 trillion in ...
Of course, China hinting at devaluation is a huge risk: China has $60 trillion in deposits, 3x more than the US. If this capital starts to flee, it will have catastrophic consequences. In 2015/16 we saw this, and it started the great move in bitcoin from $200 to $20,000
Published at
2025-04-08 05:35:47Event JSON
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"content": "Of course, China hinting at devaluation is a huge risk: China has $60 trillion in deposits, 3x more than the US. If this capital starts to flee, it will have catastrophic consequences. In 2015/16 we saw this, and it started the great move in bitcoin from $200 to $20,000",
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