Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin Save Investors?
by
kryptqnick
on 11/08/2019, 15:43:06 UTC
Recession indicators in the U.S. bond market just flashed their deepest warning signals since the period that led up to the 2008 financial crisis. Can bitcoin work as a safe haven and protect investors in the event of a U.S. recession?

https://bitcoinist.com/inverted-yield-curve-signals-u-s-recession-can-bitcoin-save-investors/
While the bond market is leaning towards a crisis similar to the one we had in 2008 and there've been enough articles and videos about it, it not disputable whether Bitcoin is an additional risk or a savior. I believe in Bitcoin, and I think that it has the potential to save the economy once major fiat currencies crash (and I believe the next economic crisis will be about this). However, investors are a different bunch of people, and I would not want them to get involved with Bitcoin. Investors care only about profits, they don't value the technology or use cases. And it reinstates that Bitcoin is an investment opportunity, rather than money, leading, among other things, to serious taxes.