Hi Everyone,
There has been something on my mind for last couple of weeks and that is:
Is Bitcoin the ultimate hedge against the upcoming financial crisis?
Let's assume for a while that the financial crisis will break wide open in either late 2019 or at latest early 2020 - we live in everything bubble era.
What do you believe will be the ultimate hedge and why do you think that?
there is no ultimate hedge. in a serious market contraction,
everything will crash. on top of that, debt monetization has pumped all markets---even gold and bitcoin have benefited from it.
a global crash definitely means a risk-off investment cycle. this early in its life, bitcoin is still considered a high-risk/high-reward investment, so money would likely flow out of the bitcoin markets and into safer havens.