What impact will it have on cryptocurrency in a country torn by recession in the COVID19 pandemic?
some developed countries have entered recession. I just want to know what impact it will have on cryptocurrencies in your recession-ridden country
If the recession is stemmed from the policy blunders and the pandemic then i am not sure how cryptocurrency will aide in helping you overcome the situation but if you are holding a portion of your asset in bitcoin then it can overcome inflation and can help in retaining the valuation and then if the market keeps on rising it would help you greatly.