Post
Topic
Board Economics
Re: Bitcoin after the pandemic
by
macson
on 12/08/2021, 19:31:38 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 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.
Judging from the madness that is still happening in many developing countries, i am sure this pandemic will not end, we will live side by side with it forever.  Bitcoin will remain the favorite of investors, the bitcoin trend will not subside.  we will continue to see people talking about bitcoin and trying to invest in it during this pandemic.