Re: Global Financial Crisis scenarios

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

Take your pick:

Anyone know where this image was originally published?

And if another GFC were to happen, I don't think the general public is ready to put all of their fiat into a cryptocurrency quite yet. There is still a liquidity issue and the tech issue.

I think you're right, a lot of people wouldn't. But if some did such that bitcoin started rising in contrast to a falling stock market, it would look pretty attractive. That might draw more people in. Additionally, if a bitcoin ETF is available so that average stock market investors can buy in very easily, such a crisis might give bitcoin price a good boost, at least for a short time (maybe another bubble?).