Post
Topic
Board Economics
Re: Global Financial Crisis scenarios
by
Ibian
on 26/07/2014, 22:38:08 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

Take your pick:



This table is biased for pretty obvious reasons. In today's world of electronic monies fiat is as durable as anything else, highly divisible as well, and by far more secure than cryptocurrencies (cf. breaking into a bank account vs personal computer), let alone counterfeiting.
Bitcoin can't be counterfeited. Can not. Up to you to back up your accusation if you insist on it. And fiat includes the physical kind.