 #### 70's Era. The year is 1973, associate degreed an oil crisis sends shockwaves throughout world markets. Governments, particularly within the U.S., go the route of cash printing as a move to stimulate the duty market. Attention shifts to scarce commodities like gold as investors look to hedge against the chance of rising inflation. While this description of uncertainty adequately fits today’s climate, it conjointly pairs nicely with the condition of the Seventies. The decade, that began with the U.S. abandoning the gold commonplace entirely, all over with a unhealthful thirteen.3% annual rate within the country, while wages and economic process trended sideways. a mix of stagnant growth and rising inflation, or “stagflation,” pushed gold into the limelight as associate degree inflation-resistant store useful. Fast forward to currently, and decree currencies ar increasing their provide at constant time because the Bitcoin halving. With inflation fears getting down to pop within the markets once more, assets with demonstrable scarceness ar thought of well-positioned. Mati Greenspan, associate degree analyst and also the founding father of Quantum economic science, believes that following the large-scale quantitative easing rollouts, Bitcoin can maintain its future worth because of its scarce supply: >“It [Bitcoin] acts as a hedge against inflation like gold and silver. So if the likely scenario of this money creation happens to induce inflation, then it’s very likely that gold, silver and Bitcoin would hold their value against that currency and act as a valid hedge.” <hr> **If you want to learn more about the topic, go through my last two posts:** * **[1st post](https://peakd.com/hive-175254/@iampz/bitcoin-price-likely-to-be-affected-due-to-us-pump-trillions-to-economy)** * **[2nd Post](https://peakd.com/hive-175254/@iampz/bitcoin-price-likely-to-be-affected-easing-vs-hardening)** <hr> ##### *Thanks for your love and Support*
| author | iampz | ||||||
|---|---|---|---|---|---|---|---|
| permlink | a-throwback-to-era-of-70-s-bitcoin-price-can-be-affected | ||||||
| category | hive-175254 | ||||||
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| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| kingscrown | 0 | 544,815,361,308 | 8% | ||
| vortac | 0 | 615,103,086,264 | 15% | ||
| xpilar | 0 | 1,860,223,068,972 | 50% | ||
| justyy | 0 | 30,344,519,090 | 4% | ||
| develcuy | 0 | 28,383,676,937 | 30% | ||
| chesatochi | 0 | 262,535,279,441 | 50% | ||
| oluwoleolaide | 0 | 41,402,391,943 | 70% | ||
| gbenga | 0 | 5,535,817,834 | 30% | ||
| khussan | 0 | 549,536,909 | 51% | ||
| jagged | 0 | 77,152,880,433 | 25% | ||
| samminator | 0 | 81,219,038,266 | 70% | ||
| mxzn | 0 | 2,219,267,320 | 2.5% | ||
| pibyk | 0 | 252,168,447 | 100% | ||
| btcsam | 0 | 19,853,200,191 | 100% | ||
| lenonmc21 | 0 | 7,376,512,279 | 80% | ||
| devcoin | 0 | 6,669,700,307 | 30% | ||
| tipu | 0 | 1,905,121,378,569 | 5% | ||
| kimzwarch | 0 | 8,291,947,929 | 4% | ||
| bboyady | 0 | 8,519,116,017 | 25% | ||
| vlemon | 0 | 88,454,579,347 | 10% | ||
| davidke20 | 0 | 78,672,235,760 | 50% | ||
| carrieallen | 0 | 22,531,681,086 | 30% | ||
| vishalsingh4997 | 0 | 2,783,590,604 | 50% | ||
| josediccus | 0 | 22,544,482,460 | 5% | ||
| namchau | 0 | 3,373,457,497 | 70% | ||
| mtl1979 | 0 | 753,453,835 | 50% | ||
| halleyleow | 0 | 4,393,496,801 | 80% | ||
| mikitaly | 0 | 21,755,436,545 | 100% | ||
| fortunex | 0 | 11,847,395,533 | 50% | ||
| bartheek | 0 | 1,551,887,112 | 2.5% | ||
| fun2learn | 0 | 4,724,947,626 | 2% | ||
| gandhibaba | 0 | 35,826,027,101 | 10% | ||
| happy-soul | 0 | 21,485,954,653 | 2.5% | ||
| pizzapai | 0 | 1,953,090,956 | 50% | ||
| yurilaya | 0 | 1,393,606,523 | 50% | ||
| adenijiadeshina | 0 | 1,907,998,612 | 10% | ||
| zoniacb | 0 | 1,278,287,059 | 100% | ||
| retinox | 0 | 30,367,575,330 | 25.26% | ||
| peerzadazeeshan | 0 | 8,621,034,963 | 22.5% | ||
| phbr | 0 | 3,463,921,350 | 50% | ||
| paragism | 0 | 5,504,855,679 | 9% | ||
| rzs | 0 | 2,986,149,197 | 25% | ||
| reinaldoverdu | 0 | 3,135,940,621 | 30% | ||
| ritxi | 0 | 69,327,089,018 | 50% | ||
| crypto.piotr | 0 | 381,748,084,478 | 50% | ||
| cryptomaniacsgr | 0 | 36,996,609,802 | 100% | ||
| minerthreat | 0 | 20,603,560,834 | 15% | ||
| akdx | 0 | 16,741,693,528 | 25% | ||
| archisteem | 0 | 1,932,865,442 | 7.5% | ||
| truthtrader | 0 | 9,415,438,543 | 50% | ||
| thefoundation | 0 | 10,733,518,416 | 27.34% | ||
| tysler | 0 | 99,651,996,696 | 95% | ||
| moneybaby | 0 | 823,860,172 | 2.5% | ||
| achim03 | 0 | 19,061,057,134 | 70% | ||
| karamyog | 0 | 3,297,987,405 | 100% | ||
| nailyourhome | 0 | 615,268,161 | 4% | ||
| bigpower | 0 | 169,049,077,481 | 50% | ||
| cyberspacegod | 0 | 853,859,714 | 30% | ||
| deathcross | 0 | 30,693,465,248 | 100% | ||
| steemitcentral | 0 | 186,276,066,116 | 70% | ||
| alokkumar121 | 0 | 3,114,000,238 | 5% | ||
| sasaadrian | 0 | 10,270,885,489 | 20% | ||
| reverseacid | 0 | 7,980,061,117 | 51% | ||
| conectionbot | 0 | 1,246,003,291 | 40% | ||
| cwow2 | 0 | 356,141,998,396 | 51% | ||
| reflektor | 0 | 3,657,341,091,078 | 50% | ||
| steemegg | 0 | 4,288,802,695 | 12.5% | ||
| bippe | 0 | 1,271,853,154,505 | 50% | ||
| hingsten | 0 | 1,607,039,550,710 | 50% | ||
| a-secondchance | 0 | 6,875,026,846 | 50% | ||
| limka | 0 | 59,246,769 | 100% | ||
| mia-cc | 0 | 597,027,448 | 5% | ||
| help.venezuela | 0 | 146,127,309,317 | 70% | ||
| pedrobrito2004 | 0 | 1,826,813,877 | 5% | ||
| kryptogames | 0 | 22,198,597,346 | 5% | ||
| worldhelper | 0 | 15,063,431,762 | 51% | ||
| tomlee | 0 | 2,797,188,556 | 15% | ||
| arenatoken | 0 | 1,258,210,042 | 50% | ||
| lrcconsult | 0 | 54,112,079,560 | 50% | ||
| project.hope | 0 | 4,519,445,201,413 | 30% | ||
| taverngames | 0 | 45,744,894,273 | 50% | ||
| javb | 0 | 606,292,424 | 50% | ||
| ph-fund | 0 | 75,211,494,813 | 100% | ||
| policewala | 0 | 12,932,494,146 | 8% | ||
| hope.venezuela | 0 | 1,024,814,531 | 100% | ||
| brage | 0 | 17,370,596,346 | 50% | ||
| teach-me | 0 | 709,102,272 | 35.7% | ||
| sunsan | 0 | 1,344,237,218 | 15% | ||
| defi.campus | 0 | 33,100,115,784 | 30% |
@tipu curate
| author | crypto.piotr |
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<a href="https://tipu.online/hive_curator?crypto.piotr" target="_blank">Upvoted 👌</a> (Mana: 24/30)
| author | tipu |
|---|---|
| permlink | re-qaol3q-20200521t122403 |
| category | hive-175254 |
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Congratulations @iampz! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) : <table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@iampz/upvoted.png?202005211244"></td><td>You received more than 300 upvotes. Your next target is to reach 400 upvotes.</td></tr> </table> <sub>_You can view [your badges on your board](https://hivebuzz.me/@iampz) and compare to others on the [Ranking](https://hivebuzz.me/ranking)_</sub> <sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub> ###### Support the HiveBuzz project. [Vote for our proposal](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22109%22%5D&approve=true)!
| author | hivebuzz |
|---|---|
| permlink | hivebuzz-notify-iampz-20200521t124829000z |
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