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Short Term Trading Weekend Lounge: 6 -8th Apr, page-74

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Phil T

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07/04/18

16:09

Post #: 32292358
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Originally posted by Kulamano ↑

Hi all,

Just a thought. If this trade war between the US and China really transforms to a currency war of the USD and the Yuan, or even just the reasonable possibility comes along, wouldn't that be igniting the case for cryptocurrencies once more? Cryptos have been beaten down heavily in the last 4 months due to increasing regulatory attempts by many governments and decreasing acceptance and/or endorsement by many leading online mediums such as Facebook or Twitter. But if the very fabric of international trade is being threatened by destabilization via such a currency war, I can see the cryptos start soaring again, and blockchain stocks back in favor simply by association. This is pure speculation and I'm no economist to see all the variables, but I wonder what you guys think.

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I have been pondering the same thing, I haven't come to a conclusion, but I think it is a possible outcome if it happens.

XAO Value at posting: 5,886.9
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