Post
Topic
Board Economics
Re: Will bitcoin survive economic collapse?
by
Alpha Marine
on 11/02/2025, 19:26:44 UTC
This question is not appropriate because Bitcoin was created and has proven itself in the midst of extraordinary economic problems that made people distrust the existing system at that time and until now Bitcoin still holds its value unchanged. What people fear about economic collapse is the decline in the value of the currency and again I say Bitcoin is able to maintain that which we call the best hedge.

I don't agree that no matter what happens, bitcoin will still stand strong. There are situations where bitcoin will be affected too. I'm not saying it will become worthless, but it will be affected. A bloody world war might take bitcoin to below $10k. A cyber-terrorist attack may even affect bitcoin too. Of course, I'm speaking hypothetically, but the point is, that we really do not know what will happen tomorrow and saying nothing that causes an economic collapse can affect bitcoin is not very accurate.
The same thing that made the currency collapse can make bitcoin collapse.