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.
If economic crisis getting more bigger, i am believe people will find alternative currency that can maintain their asset value. Bitcoin can be that option because bitcoin price always increasing year on year and bitcoin is store of value
The economic system that we currently have is becoming more unstable as time passes and it's possible that some point in the future those in control of the economy will lose control of it and when that happens most of the currencies of the world will go through a very high level of inflation and at that point people will try to find something to protect their savings and bitcoin could be an option at that point.