Bitcoin users had already widely panned the plans, which many see as a further move towards government economic meddling that some suggest facilitated the coronavirus crisis to begin with.
“The Rubicon has been crossed. Even surprises me and I have been a strong advocate for extreme policy response, ‘unlimited,’ in the face of economic collapse,” Gold Bullion International co-founder Dan Taperio tweeted on Thursday, adding:
“Soon will be difficult to value money. If so, all society's values realign. Expect volatility
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.