Post
Topic
Board Speculation (Altcoins)
Re: Role of the crypto in the incoming global crisis
by
reallester
on 30/03/2020, 14:43:43 UTC
What do you expect will be the role of bitcoin and altcoin in the upcoming global economic crisis?
i mean i read on several sites that the only way to face the next economic crisis will be to freeze and withdraw some amount of private equities.
In your opinion will this lead to a massive adoption of crypto? given the fact that they are unseizable and in the end bitcoin was born right to face the crisis of the global market of the 2008?
If so what is the best altcoin to buy and hold for the next five years?

I believe the masses would get to see the importance and advantages of crypto (bitcoin and altcoins) as a good means of digital and decentralized payment for goods and services. This is because I see a lot of companies adopting the cryptocurrency as a means of making sales and purchases from them. Hence, crypto will go a long way in the global crisis. But coming to global adoption, some countries still have problem with adopting a Decentralized system of money/payment. With this, it might take a while for cryptocurrency to properly achieve a global adoption.