Post
Topic
Board Economics
Topic OP
Bitcoin after the pandemic
by
BlackHatCoiner
on 05/03/2021, 07:43:21 UTC
The pandemic surely helped Bitcoin and other cryptocurrencies be more widespread and I like seeing that there are many people that have understood the main benefits of it and they're keeping it as a store of value. Last year, 22% of the circulating USD was printed which was around $9 trillion. This clearly shows that the economy was f*cked up last year. The debts are now even bigger.

This is when Bitcoin was seen as a solution. Its deflationary and safe-heaven characteristics were recognized and everyone became abruptly bullish. Now I wonder, what will happen to Bitcoin once pandemic is done? It will surely have a big impact on the market, but I don't know if it'll be a negative or a positive for Bitcoin.