The Federal Reserve Printing Always More Money Is the Best Marketing Campaign for Bitcoin

The same ineffective decisions are repeated over and over again.

It is March 5, 2020, and the coronavirus crisis is gaining momentum around the world. Started in China in early December 2019, the coronavirus is spreading around the world, and we will soon be able to talk about a global pandemic.

This coronavirus has already started to have a strong impact on the Chinese economy, which has been slowing down since the beginning of 2020. As the economies are interlocked at the global level, the United States will soon be impacted as well.

In anticipation of a possible slowdown in the U.S. economy, which would be disastrous in the midst of the U.S. presidential election year, Donald Trump has publicly called on the Federal Reserve to lower interest rates.

In doing so, Donald Trump was simply reiterating a demand he has been making consistently for months. On March 3, 2020, the Federal Reserve finally decided unanimously to cut interest rates by 50 basis points as a matter of urgency.

This decision was taken as a response to the rising fear around the coronavirus which has already created widespread uncertainty in the financial markets with a sharp decline the previous week.

Whatever happens from now on, I have the impression that the central bankers have only one response: to cut interest rates in order to be able to print more and more money.

By doing so, I have the feeling that the Federal Reserve is running a strong marketing campaign in favor of Bitcoin, without even realizing it, as I will explain in the following.