Bitcoin seems to be in a free fall right now. Almost down to 22.000. - The Great Awakening - Where We Go Qne, We Go All!

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Bitcoin seems to be in a free fall right now. Almost down to 22.000.

posted 2 years ago by EuropeNeedsFixing 2 years ago by EuropeNeedsFixing +25 / -1

Any idea what is causing this? Any idea how far it will dip?

Some are saying it is a massive sell-off by investors amid heightened inflation fears. Why would fear of inflation make you sell? Wouldn't crypto be a kind of safe haven?

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– 10lbsBass 5 points 2 years ago +5 / -0

It is EXTREMELY important to understand the difference between money and currency.

Gold and Silver are money. Unbacked crypto is not.

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– EuropeNeedsFixing [S] 4 points 2 years ago +4 / -0

Neither is the USD, or other central bank FIAT's.

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– 10lbsBass 2 points 2 years ago +2 / -0

Exactly.

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