Bitcoin Hits $7K

Bitcoin users had already widely panned the plans, which many see as a further move towards government economic meddling that some suggest facilitated the coronavirus crisis to begin with.

“The Rubicon has been crossed. Even surprises me and I have been a strong advocate for extreme policy response, ‘unlimited,’ in the face of economic collapse,” Gold Bullion International co-founder Dan Taperio tweeted on Thursday, adding:

“Soon will be difficult to value money. If so, all society's values realign. Expect volatility