Quote from: roadrunnerjaiv2025 on May 07, 2022, 09:38:50 PM

It's the state of the economy in which growth is slow and unemployment is high while at the same time prices are rising.

With this kind of situation, I don't think this applies:

Quote from: magneto on May 07, 2022, 11:15:56 PM

Any inflation, regardless of how economic growth goes, is positive for bitcoin and crypto in general.

While inflation basically supports the argument of Bitcoin, it cannot totally insulate itself from its effects. Depending on how bad the situation is, Bitcoin might find itself facing slow adoption and low or even falling demand.

Confronted with a slow economic growth, high unemployment rate, and rising prices, people will not only control their spending, they might also lose their savings, and even forced to sell assets which could include Bitcoin. So with a dire economic situation, Bitcoin supply may overwhelm its demand and cause the price to fall.