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So all this time....RE: Japan Interest Rates

Bitcoin Reddit

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People would borrow money from Japan at a dirt low interest rate, then change that money to USD, Euro or whatever and then invest it, and hope the currency exchange stays close enough.... So now they are raising the rates to .75, which is TERRIBLE in Japan, but pretty much everywhere else in the world that would be a god-send. (I think Switzerland is only lower, but who knows how that works)

Why am I just learning this now this is like the infinite money hack lol.

Hopefully it was already priced in to the BTC price....

submitted by /u/Remwaldo1
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