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Brian Armstrong Stated That Low Interest Rate & Down Stock Market May Lead to Growth in Crypto in 2020
Summary: Brian Armstrong, the Co-founder & CEO at Coinbase, tweeted that “A down stock market and interest rate cuts may lead to growth in crypto this year. Governments around the world are likely to look to stimulate the economy in any way they can, including using quantitative easing and expanding the money supply (printing money).” China ...
Brian Armstrong, the Co-founder & CEO at Coinbase, tweeted that “A down stock market and interest rate cuts may lead to growth in crypto this year. Governments around the world are likely to look to stimulate the economy in any way they can, including using quantitative easing and expanding the money supply (printing money).” China has tried to print $173B, which may increase the funds into crypto and against inflation.
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Link: Brian Armstrong Stated That Low Interest Rate & Down Stock Market May Lead to Growth in Crypto in 2020 [Copy]
