By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.
Turkey was first expected to collapse but it escaped due to the support of Qatar. Now Dubai is said to face a big crisis. From the day bitcoin was created, the world has not faced any crisis. So its difficult to predict about bitcoin's stage during such crisis. I think that most of people would prefer gold over bitcoin during such crisis because gold has proved to be worthful for centuries.
A world crisis like the one that happened in 2008 is not something that happens that frequently, there have been many countries that have suffered problems during that time frame but the world economy is still in a relatively good shape, but as we know there are many indications that a crisis is going to happen in the future, we do not know when, but when it happens it is probably going to be one of the worst crisis in the history of the world