A Wall Street giant is expected to be a “new world order”

Although the Bitcoin expected investors with disruptions to the financial system, came to what has happened in the last few weeks in the world economy, even for some of the most radical enthusiasts totally unexpected. The economic impact of the Coronavirus outbreak, and the subsequent blockages in all areas of daily life, repel, governments and Central banks responded with drastic measures.
Also, the distrust in the institutions is growing, as evidenced by the below Clip of a recently aired CNBC Show to see in the Chamath Palihapitiya – a well-known Bitcoin bull. The Clip subsequently spread via Twitter and was far more than tens of thousands of followers.

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The social pressure that builds is almost tangible. And as such prominent investors are starting to call for a “new System” or a “new world order”, the institutions should replace them.

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Bitcoin is the Foundation of this new world order

Months ago, when the stock market boomed to an all-time high, according to the other marked and the trust, published by Ray Dalio, Co-chief of the world’s largest Hedge-Fund, a series of blog entries.
The most extreme was released in November 2019. Under the title “The World Has Gone Gone Mad and the System is Broken,” said Dalio, the world to head for a point where money owing to the extremely low interest rates, increasingly, “free” will, the state would increase deficits “significantly,” solid finances “from the window” will be thrown and the wealth gap between the Poor and the rich will continue to grow.
Dalios evaluation has proved in the last few weeks, as completely correct. The four Trends which he claimed that the company would see you soon, have proved to be true only a few months after his prediction in full:
The US Central Bank reduced the base rate to 0 per centthe governments deficits have skyrocketed, especially in the USASolide finances are flown out of the window, as the Central banks have printed billions and trillions of dollars and above all, there was some Controversy about the extent of the bailouts for companies
He now expects a “new world order” and there is a Chance that this order will be Bitcoin. This prompted Dalio recently in a digital TED-conversation to remark, that in the midst of this crisis, a new monetary system could be created and called it a “new world order”.
In particular, Dalio is not a Fan of Bitcoin, so he claimed, for example, at the beginning of the year at the world economic forum in Davos, that BTC is not a currency, since it is not a widely used unit of account a store of value.
But, strangely enough, have adopted many of the institutional investors Dalios remarks about the state of society, and claims that these prove effective, such as Bitcoin, and the Rest of the industry will soon experience a Mass adoption.

Bitcoin could be the answer

While the crypto industry is still in its infancy, many prominent investors are of the opinion that the persistence will spur the end of the crisis in the industry. Raoul Pal, a former senior Executive and hedge Fund Manager of Goldman Sachs, said in an Interview as a response to the recent crisis :

“Many of them don’t know it, they are always debating whether Bitcoin is real or not, but there are literally hundreds of thousands of people and billions of dollars of capital, the race to build a new system, whether it is a payment mechanism, a storage system, a storage mechanism, a reviewing mechanism. It all will come“.

Dan Morehead of Pantera Capital, followed this example, and said that Bitcoin is growing up in the midst of the crisis””. But like the best of Chris Burniske of Placeholder Capital expressed:

“New technologies arise, when old systems break, and often it takes a crisis to the shortcomings of the old system completely uncover.

In the event of a debt restructuring and a debt relief of credit Bitcoin as uncorrelated assets will benefit value. In the event of negative interest rates, BTC is a tempting asset. In the case of the devaluation of the Fiat money is the scarce crypto-currency in the value should increase, because the amount of money grows.
It seems that the popular crypto could flourish currency during this crisis, although some course-setbacks are to be expected due to the existing correlation with the stock market. But in the long term, the solution seems to be: Bitcoin

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