France’s €176B Deficit: Another Case for Bitcoin?

[Dhangotay]

 France’s deficit hit €176B in 2024, equal to 5.8% of GDP and far above the EU’s 3% limit. Even the Banque de France reported an €8B loss, signaling deep cracks in the system.

 

Arthur Hayes suggests the ECB may have no choice but to print trillions, whether sooner or later. And when central banks flood economies with liquidity, scarce assets like Bitcoin usually attract the capital flow.

 

We saw this in 2020, when QE sent BTC from $6K to $69K.

Could France’s situation be the early signal for another wave?

 

What do you think, is history about to repeat, or will this cycle play out differently?

 

#Bitcoin #ECB #Euro #Crypto