TLDR
Bitcoin is volatile, hard to transact and even harder to understand, says Frida Ghitis. Ghitis: It tells us that something is not right with ‘everything else’ in the US economy. The Federal Reserve cut rates earlier this summer for the first time in a decade, but the European Central Bank recently took them down even further. Ghitis says policymakers increasingly resemble an amateur DJ who doesn’t know much other than the fact that he wants to be famous, so he keeps upping the gain and adding more bass.via the TL;DR App
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