Dan Tapiero: “Negative rates in the US make Bitcoin mega-attractive”

Gold Bullion International founder Dan Tapiero believes negative rates on US bondscan become a megabyte signal for bitcoin.

“In the USA, negative rates fordeposits. US semi-annual treasury bonds are now at a negative rate. That is, you must pay the US government for buying a bond. And rates will go down further. This is confiscation of money and it is bad, but necessary to stabilize the system. Megabyte sign for bitcoin, ”Tapiero wrote on the social network Twitter.

According to the founder of Gold Bullion International,Americans will now have to keep money under the mattress. Especially given the US Department of the Treasury's policy of quantitative easing. On the other hand, it could spur Americans to invest in non-traditional assets such as cryptocurrencies.

Yesterday, the first cryptocurrency exchange rate showedSignificant recovery after falling last week. Bitcoin rose 15% and consolidated above $ 6,200. Today, the growth of the first cryptocurrency continued, and at the time of publication, BTC was trading at $ 6,500.

The other day, Chainalysis researchers reported that during the fall of the cryptocurrency market, the inflow of BTC to exchanges increased by 9 times, however, in the near future, the coin rate will remain stable.

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