Post
Topic
Board Bitcoin Discussion
Re: Will World Economic Depression Affect Bitcoin?
by
Dunamisx
on 20/06/2023, 06:48:47 UTC
So if ECONOMIC DEPRESSION happened again in the world, will it affect bitcoin with it fellow digital currencies?

I doubted such will ever occur again and i believe such will never affect bitcoin network no matter how because bitcoin is not a dependent of the world economy system, it has created it's own network from within without depending on the centralized economy being controlled by the government which can be affected by inflation, recession and other natural pandemic occurrences while bitcoin has it own separate network different and independently from these, that's why you could only determines the market values through the bitcoin demands and supplies and not the other economical parameters and factors used in fiat system.