Post
Topic
Board Economics
Re: How will financial crisis affect crypto?
by
Kong Hey Pakboy
on 20/12/2020, 13:55:55 UTC
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.
Indeed. The financial crisis doesn't even impact the crypto market, especially during the pandemic or the corona crisis that only the banking system and stocks have suffered. This year 2020 proves that bitcoin and cryptocurrencies don't get affected by the economy that it can truly save our financial system because its market only shows stability and growth.