coinshortage

How Will The Increasing Coin Shortage Affect Bitcoin and Cryptos?

By Krypto Fan | The Crypto Revolution | 8 Jul 2020


The United States are currently experiencing an increase in
coin shortage which I believe is a sign of a serious currency
crisis coming. This current coin shortage will not be evident
to most unless they are paying attention or until they
visit their local grocery store to pick up a few items
and are told by the cashier that they are unable to
provide them with any change in Quarters, Dimes or
Nickles. If you think that this scenario is far from
the reality, think again! Since March of this year 2020
Retailers all across America have been limited to
the number of coins that they can purchase from banks.
Thanks to Covid19 Each store is now allowed to purchase
only one roll of coins at a time. Now whether the banks are 
limiting the sale of coins due to an actual coin shortage occurring
or they are limiting coin distribution for ulterior motives,
the fact remains the same, this will eventually lead to an
inflationary scenario for the U.S. Dollar down the road
which will scare investors into seeking alternate means to
secure their finances.
This is the year 2020, a nexus point where paper crosses
over into digital assets and by the end of this year even
the blind will see clearly as the forerunners now do, that
cryptocurrencies are indeed the new form of money.
The Dollar's value has begun to erode exponentially and
soon all currencies tied to it will lose value as well.
As the dollar falls, the Crypto-Phoenix will begin to rise,
with some coins taking flight even before 2021 arrives.
Kudos to all Crypto-Preneurs

 

 

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Krypto Fan
Krypto Fan

I'm a multitasker who is passionate about a lot of things including spirituality, art, photography, writing, entrepreneurship, and cryptocurrency.


The Crypto Revolution
The Crypto Revolution

There is a newly emerging economy that will one day replace the current fiat-based system. This blog will explore all aspects of this ongoing shift and how we can prepare for it.

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