Post
Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
jonatuzc
on 10/11/2018, 07:23:40 UTC
Bitcoin can be used as a tool to preserve savings during financial disasters. It is not connected with the real sector of the economy or with any central bank; it is neutral enough to serve as such a refuge.
This is what I believe that value saved in the form of Bitcoin might not be so prone to loss in the value during the coming financial crisis. If this was what I think it would be, it would be one of the great ways to save the values of the assets that are normally very prone to loss during the crisis. 

In the previous crises we suffered a huge financial loss and the world recovered from the aftermaths of the crisis in 2015 so hopefully this time, using this technology will save the lose.