Will The Energy Crisis Make The Money Printers Go Brrr?

Everyone is expecting a hard Winter with astronomical price. Despite a very predictable catastrophe the speed at which the energy crisis in Europe is unfolding seems to be catching the markets off guard.

Even worse, the actions could lead their economies to a point at which there is no amount of money that will allow producers to purchase the fuel necessary for utilities companies to produce and deliver electricity.

Today we are seeing this play out with Russia deciding that they will simply refuse to sell the Western world their oil and natural gas if the West doesn’t want to allow them to access their monetary and payments networks.

Due to the nature of our hyperconnected high velocity trash economy our wagon is pretty much hitched to the fate of the European economy because of the amount of credit exposure that exists out there.

Full Article: https://bitcoinmagazine.com/culture/energy-crisis-calls-for-bitcoin