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Topic: Is Bitcoin Ready for the Next Global Financial Crisis? - page 3. (Read 331 times)

member
Activity: 196
Merit: 60
I agree with @Churchillvv and want to add that any crisis (economic/social/political) will only boost the credibility of Bitcoin. Bitcoin knows no boundaries Grin when it comes to decentralized economic systems. What happened in El Salvador was just the start of FOMO among Nations. AS Bitcoin already surpassed Silver in terms of market-cap shows there is no alternative to Bitcoin. I mean what else do you need to believe in Bitcoin there is no valid and sound argument against Bitcoin. 
member
Activity: 66
Merit: 5
Eloncoin.org - Mars, here we come!
Give me a better "money" that can serves more than bitcoin globally?. Have you read or heard of how bitcoin came into play? if no! then you need to read about the 2007/2008 global financial crisis which Satoshi to create bitcoin.

And of course I will give you a better example of how bitcoin can serve better in every situation. during the hit period of Russian and Ukrainian war, someone wanted to leave Ukraine but has landed property all over the place hence couldn't travel or leave the country with them hence, she resulted to selling off everything and transferred all her wealth in bitcoin and had only a small hardware wallet to move with which has nothing to be questioned while leaving the country. (this is just an example) perhaps with this I think there is other money that can with stand such pressure much more than bitcoin, imagine having the fist currency during global crisis how many bags of it can you run with?

I think this questions are the past of bitcoin, it's over 15 years and the world has been experiencing recession so what other recession can we talk about?
newbie
Activity: 27
Merit: 0
As we continue to witness economic uncertainty across the globe, many are looking to bitcoin as a potential hedge against a financial collapse. Is bitcoin truly ready to serve as a safe haven during a global financial crisis or will it face challenges that prevent it from becoming the go to asset in times of crisis? How do you think bitcoin's market behavior will change in response to economic turmoil and can it withstand the pressures of a global recession?
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