Cryptocurrency is not a centralized market, and if it was, I would have said that it’s going to be affected by that particular country where it’s based, but this is a different case. Maybe in some ways it’s going to have an effect when people starts selling their coins because they are in need and are lacking the finance to sort out their needs.

But if there are still growing investments in cryptocurrency, then the market will keep booming despite that there is recession in some countries. And right now I think that’s what is happening, because I have been seeing institutions that are lots of money in cryptocurrency, especially Bitcoin. And as time goes on the number keeps going up.