Tales From Europe: Eurozone Crisis Shows The Argument For Bitcoin

Bitcoin Magazine

This is an opinion editorial by Dan Ashmore, financial analyst, journalist and contributor to Bitcoin Magazine.

Europe

Within financial and macroeconomic circles, it can sometimes feel like the USA is the only country in the world. Inflation data is accepted as the CPI reading in the U.S. The stock market is the S&P 500. The currency is the ever-dominant dollar.

On this note, you don’t need me to tell you that the market environment right now in the U.S. is abject. Inflation is printing 40-year highs, the Federal Reserve is yo-yoing between hawkish and super-hawkish while sentiment is free-falling.

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