Will Bitcoin SKYROCKET in value if there's a global recession?

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  • mce
    Confirmed User
    • Jun 2012
    • 3915
    #1

    Will Bitcoin SKYROCKET in value if there's a global recession?

    Given that it's been 12 years since the last recession, a correction is LONG OVERDUE

    Question: where will people flee as a safe store of value? Fiat ("trust us, we're the government") currencies OR crypto?

    BTC for the win?

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    • Paul&John
      Confirmed User
      • Aug 2005
      • 8619
      #2
      I guess crypto and gold? Gold was just below 1k$ beginning of 2008 then it dropped to 730$ but then went up to 1.9k$ in 2011...
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        • DraX
          Confirmed User
          • Oct 2002
          • 7147
          #3
          I hope crypto would react positively in an upcoming recession but what concerns me more is what sort of plan the "big banks and financial institutions" have for crypto.

          Bitcoin is too much freedom in the eyes of the elite.
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