So if ECONOMIC DEPRESSION happened again in the world, will it affect bitcoin with it fellow digital currencies? Because economy is the back bone of everything in the world. What affect economy affect all other things. And bitcoin is the father of digital currency.
What is your say.
I think so but let's just use the pandemic and war of Ukraine and Russia with the depression and it did really hapened. We can see that Bitcoin plummeted from these scenarios and yet Bitcoin still remains strong as of now. It is expected that there will be some downs because of global crises that has came. However, we don't expect that it's like this that it's been stronger than ever. Summing it up, there's the affection that Bitcoin gets from world factors and that's cannot be gone but even with that, it is temporarily happening and then it recovers up again.