Is the Falling Dollar Responsible for the Altcoin Bubble and should we be Scared?
This certainly looks like a bubble that is being driven by fears of inflation. A great many people in the market are afraid the dollar is about to collapse so they’re looking for a hedge.
Bitcoin in particular is great hedge, because it is almost instantly convertible into other currencies, unlike gold. That makes it the perfect alternative for average people who are scared of the dollar.
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