Post
Topic
Board Economics
Re: What if there is a natural disaster, such as an earthquake?
by
ReiMomo
on 22/02/2021, 21:51:17 UTC
~snip~

I will be very happy with your opinion

In my own opinion, those things have not big effect in the crypto situation because if those disaster happened in somewhere in this world it never takes too long to fix whatever damages it will cost because the government will fix it as soon as possible as they can because they need it to deliver good services in the public, they need cellphone signal, electricity to charge thier phone and to open their computer.
When the pandemic was hit last year, it has a slight effect on the bitcoin price, it will I guess consider a disaster because every one of us suffered too much on that pandemic. At that time, as far as remember, bitcoin slightly drop but not too much and then after a week, it shows a significant increase and the other investment like a stock or even oil and crude was really suffered at that time, but bitcoin didn't have an effect.

Whatever happens, bitcoin will have remained its value through demand and supply.