Post
Topic
Board Economics
Re: Bitcoin after the pandemic
by
gatti
on 18/03/2021, 19:07:02 UTC
Now I wonder, what will happen to Bitcoin once the pandemic is over? Once we'll live just like we did in 2019? 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.

It's going to be positive, the institutions will be active again many companies are open again and people will continue to invest we will have a lively economy again, and part of that lively economy are people investing more in Cryptocurrency, in times of pandemic people are in panic and just hoarding huge amount of money in their home because they don't trust the stock market in times of pandemic.
Bitcoin is far from becoming a safe haven like gold or silver, even though its current trajectory looks similar. These are monumental changes in the underlying and will only change if the Fiat system itself is under threat. There are various narratives surrounding Bitcoin, but the biggest one still remains the fact that most volumes are due to trading. Some would argue it is gambling of sorts, while some will see a move towards digital gold.Keep in mind, equities as a traditional assets are looking very lucrative right now.