Post
Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
haroldtee
on 08/01/2019, 13:10:19 UTC
  Bitcoin is different currency if ever we have an economic crashed or economic crisis, bitcoin will not be affected. The currency affected is Fiat money.
  Crypto currency can help through subsidized the affected party through use bitcoin as a currency reserved to can pay all the debt of those financial institution affected
We cannot start pointing out any correlation at the moment, since thus far there has been no past scenario to look at to be able to know how things would end up working out. A lot of people may have their different thoughts based on different reasons, but for me, what brought about the deflationary nature of bitcoin and what urged the creation of bitcoin and its features was basically linked to the previous crisis. One thing for sure, most people who are investors and smart, would not want to be in fiat, and in such periods, assets tend to increase, hopefully, we will get bitcoin serve its purpose as a digital asset.