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I think the next global recession will kill Bitcoin. It's supposed to be a"store of value", but as soon as stuff hits the fan, people are going to flee to safet
by sputknick 9y ago
I think the next global recession will kill Bitcoin. It's supposed to be a"store of value", but as soon as stuff hits the fan, people are going to flee to safety and convert their Bitcoin to usd, cny, eur, and krw and Bitcoin will tank as a result. The crypto currencies with more purposes will take a hit, but come back stronger.
- vasilipupkin 9y agoPerhaps, but a global recession of a large magnitude may not happen for many years.