Quote from: G_Besar on Today at 06:24:49 PM

Quote from: errorcode99 on Today at 05:52:39 PM

However, it's important to note that Bitcoin is still a highly volatile and speculative asset. Its price can be influenced by factors like regulatory changes, technological developments, and market sentiment. While it may perform well during certain economic conditions, it also carries significant risks.

In summary, Bitcoin's properties make it a potential candidate for performing well during recessions or bank failures, but investors should carefully consider its risks and volatility before treating it as a safe haven or hedge.

The risks of choosing something like Bitcoin for hedging purposes do need to be considered, but the considerations are not meant to be feared or to do nothing with Bitcoin. Because Bitcoin has proven to be able to provide more for its holders so far, everyone and investors no longer need to hesitate about Bitcoin if they want to choose Bitcoin as an investment asset and also a hedge for their own future. Right now Bitcoin can still be a solution for an economy that is not doing well like it is now so any consideration of its risks must also be clearer because right now we only need to help ourselves from the general economic downturn.

However, despite of having the proof that bitcoin can be a solution for a drowning economy, it’s best to invest in bitcoin with caution.