Does the COVID-19 coronavirus pandemic affect cryptocurrency in any way? In this age of information, it can sometimes be difficult to determine what is true and what is not. The rise of “fake news”, coupled with extreme economic uncertainty is distorting our perception of reality and changing the fabric of our lives. Throughout mainstream media, there is an abundance of misinformation and misrepresentation of facts, with much of the conversation in the news falling short of any substantial discussion.

What we do know, however, is that a deadly virus has spread across the planet, already killed an estimated 1.16 million people and bringing the global economy to a standstill. The long-term implications of the COVID-19 pandemic are chilling, but the damage to society and the global economy are not openly discussed as governments and central banks quietly try to print their way out of economic disaster.

Though people are free to socialize now, businesses have closed down,...

The Macro View: Coronavirus & Dying Sovereign Currencies

We are currently watching the creative destruction and decline of the US empire before our very eyes. In enduring the onslaught of the ongoing COVID-19 coronavirus pandemic, the US is facing “a riddle, wrapped in a mystery, inside an enigma”. What's more, the nation is pulling out all the stops in hopes of making America great again. 

However, there are dark clouds looming on the horizon. unlimited QE, tepid growth, a worsening trade war with China, a possibility of a COVID-19 coronavirus resurgence in the fall, the highest unemployment rate in history, unfunded pension liabilities, deflation, hyperinflation, and the list goes on. With the unprecedented printing of money currently taking place, the average person may now well be asking themself “why should I pay taxes if money can be printed out of thin air”?

Not since Machiavelli, who wrote “The Prince” in the 16th...