Cheap Loans, Big Returns—China’s Stimulus Is Bitcoin’s New Best Friend!
China to introduce it's stimulus package of more than $140 billion (1 trillion Yuan), into their largest state banks for the first time since the 2008 global financial crisis.
The stimulus package will help to stimulate their economy offering cheap loans (as they will have lower interest rates), to citizens and reducing the threshold banks must hold as reserves, allowing them to give more loans to clients. With the stimulus package, the citizens who apply for the loan, can use it to invest in risk business that give them more returns more faster than regular businesses and, the bet on Bitcoin could be their solution.
There's no doubt that the "cheap" interest that the Chinese will be granted with the loans will prompt them to invest in Bitcoin, and the stimulus package could help more citizens to unblock the financial problems they face right now. Having lower rates amplify they reach and use the money borrowed to earn fast money and pay less on the money they asked.
Some will look for business that are more secure for them, as they don't offer the volatility Bitcoin offers but, in general the best use they can give to that loan is Bitcoin. The asset is finite and the return of it are infinite and anti-inflation, so betting on it make more sense. Remember:
CONTENT IS KING!
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