“Not only is Biden authorizing the regulation of digital currencies, but he is also instructing to move forward with a central bank cryptocurrency. Once that is done, all other cryptocurrencies will be seized and folded into the government’s crypto. For all of those who said Bitcoin replaced gold and the dollar, if they didn’t bother to look at a chart, it has been declining since last November.”
Martin Armstrong, Economic Forecaster, Convicted Felon · Bitcoin since: +107%
As published by Armstrong Economics
A little perspective.
Bitcoin on that day$38,754March 8, 2022
$100 at that price$207.30At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Keep the receipt.
Bitcoin Is Dead. “The End of Cryptocurrency Coming?” — Martin Armstrong, Armstrong Economics, March 8, 2022. Bitcoin: $38,753.65. https://bitcoindeaths.com/posts/2022-03-08-the-end-of-cryptocurrency-coming