Stimulus yes, Crypto too


The market has responded sharply in recent days. The fine line that has some fundamentals remains fragile, ruthless and incomprehensible. The news of the contagion of the North American president is a clear example of how the markets react to uncertainty, where the lack of confidence is still in the air.

The fear of another outbreak is very latent and of threat becomes a fact, let's just review again the numbers that are registered in Europe, the daily increase in some states of North America or the new highs that many Latin American countries that register new cases in Argentina , Brazil, Mexico or Peru.

Certainly we meet again with the behavior we had at the beginning of this pandemic and the market lets us know. Stocks, commodities and other instruments registered fearful red numbers and a new beginning of cycles is soon associated with stimuli fed by QE.

But these critical stimuli have been extremely beneficial for the cryptographic ecosystem; Although, in times of crisis it is advisable to have hard currencies, cryptos are part of that new adventure that is offered as an alternative to the imminent inflation that is approaching due to the loss of value of the US dollar.

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Throwing dollars seems to be the only solution that cryptos have to get rid of the behavior of the markets at once and this correlation must decrease if it is to establish an important position in this new economic transformation.

Another factor that we must consider, and this October will tell us, will be the reaction of this financial ecosystem to the presidential elections of the United States. It is already more fear, fear, that is what is breathed. Trust is not tied to a factor of quantity, but rather of value.

In that debate, both candidates will not shake their pulse to continue printing the amounts of money that are necessary and thus maintain the stock market balance, which for many, and I personally agree, is a victory and a great step for Bitcoin and cryptocurrencies .

Therefore, stimuli yes, it is very difficult for them to cut them, given what is coming, we are in a very delicate political state; uncertainty, all the time and more if we take into account that each printed bill is a depressions of the currency; Alternatively, every time I look at the value of Bitcoin or appreciate the initiatives of the DeFi's, they are more than paths that will be essential for this new game that we will see as a financial reset.

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alquimista1501
alquimista1501

I am a Venezuelan, worker, father of a family who fell in love with this crypto world; I love reading news related to the crypto space, from the technological performance to the shape and concept of each currency in this world.


Cryptographic Alchemy
Cryptographic Alchemy

This blog contains my opinions on the world of cryptocurrencies, and how these digital records are the key to the change towards a new future, but that in many cases, we already live in the present. Always remembering that cryptos, and especially Bitcoin, are inevitable.

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