So if ECONOMIC DEPRESSION happened again in the world, will it affect bitcoin with it fellow digital currencies?
It will affect Bitcoin when official announcement of World Economic Depression is announced by IMF and spread on social media. Such announcement, report will cause massive fear and panic as well as uncertain, chaotic responses on the market which won't be good for market and Bitcoin price.
Because economy is the back bone of everything in the world. What affect economy affect all other things.
Bitcoin is stronger than fiat currencies in its supply scheme, less inflationary and in future it will become deflationary. What affects fiat currencies, the world economy will affect Bitcoin short term but in long term, purchasing powers of fiat currencies and Bitcoin will be oppositely.
And bitcoin is the father of digital currency.
It's not a father of digital currency.