It looks like the downtrend on the financial system is inevitable. How do you think this will affect crypto? People used to refer to gold in the past, will they move to crypto this time instead?
I kinda think, that the upcoming crisis actually gives crypto a chance.
I think now that crypto is not yet fully utilize, I think the downtrend of financial system will affect too much in crypto because those who invest and buy digital currency always use fiat currency to buy in exchange of digital currency. Another one, people always exchange their cryptocurrency into fiat money before they withdraw and use to buy their necessities and pay their bills and debts/loans if ever they have.