Post
Topic
Board Economics
Re: Global Financial Crisis scenarios
by
tee-rex
on 18/06/2014, 21:19:16 UTC
Hi,

I have a question, but please direct me to a post if already asked:

In case of another GFC, would BTC bitcoin price:

a) stays on the same level  Cool
b) skyrockets  Grin
c) tumble down  Cry

?

If the crisis will be constrained to finances only, then the answer is pretty obvious. Bitcoin will evidently skyrocket as it already did after the deposits had been expropriated in Cyprus a year ago. Now imagine the same situation on a worldwide scale and you guess the answer.