During the Cyprus financial crisis, on 25 March 2013, bank account balances over €100K were seized. BTC surged 87% that day, and 700% that month. [0,1,3] When

During the Cyprus financial crisis, on 25 March 2013, bank account balances over €100K were seized. BTC surged 87% that day, and 700% that month. [0,1,3] When Greece was freezing / slowing bank withdrawals during its financial crisis in 2015, BTC price climbed. IIRC BTC also jumped when Russia was getting involved in Ukraine in 2014. It's not a perfect hedge, but I do believe bitcoin could be valuable if the world/governments go (partly) to shit. [0] https://en.wikipedia.org/wiki/2012–2013_Cypriot_financial_crisis https://en.wikipedia.org/wiki/2012–2013_Cypriot_financial_cr... [1] https://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/index.html https://money.cnn.com/2013/03/28/investing/bitcoin-cyprus/in... [2] https://www.in2013dollars.com/bitcoin-price-in-2013 https://www.in2013dollars.com/bitcoin-price-in-2013