Currency Devaluation Fears Come to China, europe surpasses USA/Asia in crypto purchases

Crypto Twitter and the Cryptoverse in general seem to ignore (critically important) capital flows, but I guess most people do that…

Key takeaway from the article:

“China’s economy is not as strong as it was and it does not have a strong currency, evidenced by draconian capital controls propping it up.”

Read the rest: $BTC

Edit: Just saw this, and it seemed to fit the theme:

Europe Surpasses US and Asia in Cryptocurrency Token Sales

None dare call it #CapitalFlight

Capital Flight.jpeg

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