Eurozone Crisis Makes Case for Bitcoin

in #hopdh2 years ago

In financial and macroeconomic circles, it can sometimes seem like the United States is the only country in the world. Inflation data is taken as the CPI reading in the US. The stock market is the S&P 500. The currency is the ever-dominant dollar.

On that note, you don't need me to tell you that the market environment in the US is bad right now. Inflation is printing 40-year highs, the Federal Reserve is yo-yoing between hawkish and super-hawkish while sentiment is in free fall.

However, as a European sees all this cover up, something jumps out. While it's disturbing to see how bad things are in the US, what's even scarier is that it's even worse in Europe. It seems the odds of a crisis are growing by the day - that is, if we're not already one. And taking a holistic view, adds to why Bitcoin could offer a solution for the future.