Post
Topic
Board Economics
Re: New recession is around the corner
by
traderethereum
on 03/05/2019, 13:52:33 UTC
I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving? Tongue
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.
Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.
So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.