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Will the death of the Pope have a significant impact on the cryptocurrency and stock markets?
Share your insights and analysis on potential market reactions and trends.
Ego-obi
I doubt it. I think the effect will be minimal, if there's any at all. The only place I think will be significantly impacted is Europe—mostly Italy—and it will only affect the stock market for a short time
While very unfortunate, I do not believe the Pope’s passing will have any effect on financial markets.
I think they could be a minimal effect but on the other hand when a cryptocurrency is created on behalf of the Pope and the currency is promoted then people buy it for a long or short period of time the effects may increase.
We haven’t seen much reaction. I hope no meme coins will be made for any religious figure. IMO, it would be sacrilegious to do so!
@jeffykings its been 24 hrs and we haven't seen any changes, so I guess it didn't have any impact.
Ego-obi
@apsmolak you are right boss, it didn't have an impact on the market.
I think this shows that religious institutions aren't major stakeholders in the financial market, do you think they should play more role?
Ego-obi
@abba-mercy I share the same idea with you but don't you think if that happen there will be more losses than profits ?
Ego-obi
- @apsmolak meme coins have made people super rich overnight, some many disagree with you on this.
Ego-obi