Post
Topic
Board Speculation
Re: Monthly updates and thoughts about the market
by
fillippone
on 04/08/2020, 11:00:33 UTC
<...>
I wonder if something (even Bitcoin) could be a hedge in case we are hit by the biggest recession in 100 years? Of course, anything other than fiat is a better option in this case - so there will be no better test for Bitcoin than what is being prepared.

Gold has proven a good Store of Value over the last 4,000 Years. It has proven itself against local and global wars, pandemics, discoveries of new worlds (contintents). Bitcoin has been around only since 10 years. It has massive challenges to overcome to be continued proven as a good SoV, but I am confident it will be able to overcome those, one by one, becoming a truly digital, better, gold.