RNGesus@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 year agoCryptoflationlemmy.worldimagemessage-square98fedilinkarrow-up11.74Karrow-down127
arrow-up11.72Karrow-down1imageCryptoflationlemmy.worldRNGesus@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 year agomessage-square98fedilink
minus-squareSuckMyWang@lemmy.worldlinkfedilinkEnglisharrow-up8arrow-down1·1 year agoThe real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant?
minus-squareJackbyDev@programming.devlinkfedilinkEnglisharrow-up4·1 year agoBecause inflation is still high and crypto is still volatile.
minus-squareZorque@kbin.sociallinkfedilinkarrow-up2arrow-down1·1 year agoBecause they’re indicative of general economic conditions.
minus-squareSuckMyWang@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoNot really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions
The real question is why is a post about conditions that are 2 years old, getting so much traction now when it appears the opposite is relevant?
Because inflation is still high and crypto is still volatile.
Because they’re indicative of general economic conditions.
Not really, bitcoin was trending sideways before the banking crisis. If anything bitcoin solidified its reversal when this happened. So it did the opposite of what would normally cause poor general economic conditions