Hi,
Up to now, Bitcoin hasn't gone through financial crisis. Maybe one financial crisis is near (look at financial market overvaluation)
in case of financial crisis, bitcoin price could
-collapse as big money people will withdraw from any investment,
-surge as BTC could be seen as an escape to current financial system
-remain stable
Do you think that in case of a major financial crisis like in 2008, bitcoin price will collapse, surge or remain stable?
thanks
The bond market will collapse within the next decade pretty much guaranteed due its unsustainable rates, no government will want to deal with that so they will try to come up with laws to try to avoid it which will only delay the inevitable for an even harsher explosion. Once that happens, it will be a chain reaction and even the most hardcore, anti-crypto boomers will be selling their assets and trying to buy anything neutral, then they will learn the lesson and regret not buying BTC earlier.
Peter Schiff will remain in denial for life even after boomers and goldbugs become bitcoiners too.