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Is US economic downfall (a period of recession) potentially good for the prospect of BITCOIN?
A fairly low level bitcoiner here. I’m in the game to be part of the movement & to see what the next 10/20yrs does. It was all highs highs highs… but obviously the wheel of economy keeps on ticking and it makes me think. Fiat continues to dive. Efforts by the current government are strong but perhaps not enough. Is bitcoin in this scenario (or people who hold) in a good place? People with money want to store in something else or think about the potential when in many years the economy bounces back. I see bitcoin making a huge swing down the line. submitted by /u/Pluto-Gus33 [link] [comments]
A fairly low level bitcoiner here. I’m in the game to be part of the movement & to see what the next 10/20yrs does.
It was all highs highs highs… but obviously the wheel of economy keeps on ticking and it makes me think. Fiat continues to dive. Efforts by the current government are strong but perhaps not enough.
Is bitcoin in this scenario (or people who hold) in a good place? People with money want to store in something else or think about the potential when in many years the economy bounces back. I see bitcoin making a huge swing down the line.
[link] [comments]
