It seems likely that a lot more Euro will be printed in the years to come. There will be more Steem too but its a relatively small amount and we know about it. Having seen how close the Euro came to collapsing in the banking crisis and during the Greek debt crisis, it surprises me that people are happy to stay 100% in the Euro and not even risk 1% in cryptocurrency. That's not being negative about the Euro, most fiat currencies are probably much more risky than people think. Cryptocurrency is risky too but at least we can do research and see how it works, we know very little about how the fiat currencies will be managed in the future but it seems highly likely that the printing presses are going to be kept busy.
You are viewing a single comment's thread from:
If you expect the Euro to actually die and be replaced by going back to local currencies, it makes sense to buy the Euro and deposit that in Germany. If large investors believe that, the Euro would go up in value (as it has been doing) BECAUSE it is expected to die and their Germany deposits would shoot up in value when converted to German local currency.
🎁 Dear @lukie,
SteemBet Seed round SPT sale is about to start in 2 days!
When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.
In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!
Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD