Hello
what will happened with cripto currency if it was world crisis?
wha do yu think?
Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety. With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.
I don't think this sounds realistic. People would rather care about food or diamonds. Moreover, I think cryptocurrencies may in fact cause the world crisis. Why? Because people invest in currencies and sell them, thus earning money. They mostly don't use them. And this means that they are not worth these big sums people get when they sell them.