Post
Topic
Board Economics
Re: Upcoming economic crisis - crypto safe haven like gold or not?
by
wxa7115
on 04/08/2018, 17:20:10 UTC

There are enough signs that an economic crisis is going to happen soon in the next 3 - 5 years.

Whether China's bubble will burst or the dollar will implode.
Do you guys think crypto will be as good an investment as gold in time of crisis?
I really think that bitcoin will be one of the best places to have your money in the case of an economic crisis all over the world, we have already seen several local cases in which a country faced economic difficulties and people turned to bitcoin, people forget that the last time there was a crisis as big as the one that is coming the US confiscated the gold of their people and then made it illegal to hold it, I think the next crisis is going to be even worse and governments may seize Gold by force and in that case bitcoin will be the perfect form of money because no matter what governments do bitcoin cannot be confiscated that easily.