hauteville

Very Low Inflation in China Revives Bitcoin

BINANCE:BTCUSDT   Bitcoin / TetherUS
According to the CCP, China's CPI increased only 1.3% in May.

That's a very low increase. It means consumer inflation isn't a problem in China.

This has sent Bitcoin bulls into a frenzy. Whoever they are.

Another headline:
Chinese factories are charging the most for goods in almost 13 years. This is called China's PPI.

Bitcoiners are among the most naive people on Earth.

Like this guy. He's very clearly a smart, passionate person who takes blockchains at face value and gets duped simply out of enormous naivety. That's why I subscribe to his videos.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.