Quote from: desticy on Today at 01:25:56 PM

Quote from: artbart on March 26, 2019, 07:03:34 AM

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.

Based on the example of this March post, we can conclude that the pandemic has a positive impact on the crypto market. The question is by what?
I suppose due to the fact that the entire world economy is in decline, and people are increasingly switching to digital environment. I hope bitcoin will hold out high enough for the main high-quality projects to realize themselves.

With all my respect and reverence for bitcoin, I don't think bitcoin is ready to take the place of gold in investors ' portfolios yet. Gold has a long history as a protective asset and let's not forget that the reserves of central banks, commercial consist partly of gold and this is not in doubt. It's great that some investors and funds have started to pay attention to bitcoin.