Bitcoin Forum

How safe is Bitcoin in the world's economic turmoil?
Bitcoin has opened a new chapter in the economy. When the current world economy is gradually surrounded by uncertainty, people have considered Bitcoin as a safe investment as a means of investing in their safe place. Especially those who have lost fiat currency in long-term investments. Inflation, bank crises, moral standing, trade wars - all of them have become popular in the currency investment business. The price of Bitcoin fluctuates by 10 to 20% in a day, which is very risky or frustrating. Moreover, digital and currency or blockchain is still difficult for the common man and lacks technical knowledge. So if you are suffering from investment, I think that since Bitcoin is not controlled by any government or any central bank, if you keep the Bitcoin keys with yourself, you can safely invest in Bitcoin without the need for a third party. You must consider the profit or loss calculation period before investing in Bitcoin without risk with each investment. The meaning of establishing yourself is not only about how much you have earned and how much you have invested, but also about accumulating your principal or wealth. Financial security of investment is a prudent solution, so Bitcoin investment can be a long-term, i.e., a well-balanced approach that can provide a sure solution to your future success.

This are the basic techniques in bitcoin investment and it importance to our economic life, for sure bitcoin have a future that we can only imagined and for the while that bitcoin have been in existence, it has shown alot of positive outcomes that have saw a seed of confidence in it holders that the future will be better than the past so is important, to hold on to our bitcoin at all time.

Safer than many if not all the world currencies you can think of, infact the global economy crisis and uncertainty only increases the popularity of Bitcoin because it is seen as a safe space for people avoiding inflation and the drop in their local currency.

If an investor finds Bitcoin daily fluctuation frustrating then they should give up on investment and just hold their funds in a fixed entity. Every investor already knows their will be fluctuation and it's been a while I can say Bitcoin actually frustrated anyone. You should just need to work on your expectations.

I think that there is general consensus about the gold's preeminence as a store of value in economic turmoil scenarios, a virtue that at the moment is not so clear about Bitcoin, which is still greatly influenced by the ups and downs of traditional markets.

But today I've read some news about gold that I want to share with you. Although it seems that gold sources in the Earth's crust is running out, more than 99% of total gold in the planet is in its core. Not a big deal, since the core is out of reach from us, but it has been recently discovered that there is gold in the magma of some volcanoes, especially in the islands of the Pacific Ocean. More research is needed about the economic viability of its extraction from that magma, but if it eventually had some impact in the gold reserves and the price started to go down, Bitcoin could improve his quality as store of value against economic turmoil.

Safer than all currencies in the world. During uncertainty and crisis like we experiencing
Nobody wants to hold Fiat because the value plummets as more money is printed to accommodate the crisis
Since they are not holding, they would choose to invest
Preferably something that even while affected would be relatively less or have better recovery.
Bitcoin is the latter,its recovery speed during crisis is unmatched
The current fall is normal. Once there's a calm or the fights because a norm, the price would soar.

So far most investors have chosen gold as a hedge for their wealth - the risk may be lower considering gold is a physical investment that has been trusted for more than a century, not only among big investors but also among the lower class people. Bitcoin is considered higher risk as a store of value - but so far bitcoin has performed well, even outperforming gold and other physical investment assets. In my opinion - gold and bitcoin are definitely two different investment assets, but it is very good to have both if we want to diversify.

If our investment portfolio has both of these assets - then I am absolutely sure both can provide good returns in the long term to its investors. Gold may not provide higher returns than bitcoin - but at least, gold is the most sensible choice in my opinion amidst the world's economic turmoil.

Bitcoin is safe but safety doesn’t guarantee price stability. Bitcoin can lose half of its current value against the dollar and still be considered safe, especially if you bought it 5-6 years ago when the price was below $20k.

Safety!=price stability

If the world goes to total shit, I don’t think bitcoin can go against the stream. Not right away at least. The initial market reaction will be downward without a doubt.

But after the first shock, bitcoin will recover probably faster than stocks.

That’s as safe as it can get.

It's worth considering that just maybe, having bitcoin stored on your local machine is not quite as safe as you think it is. Many people around here preach that philosophy but I certainly have spent zero time trying to secure my machine beyond the basics and while Windows Defender might be sufficient in the current era, a more modern worm might just be able to scoop up a lot of wallets if it can bypass personal PC defenses. Theoretically an exchange should spend all their time securing the assets under their control and their reputation is the only thing they have, so they might be a more reliable source of defense for your crypto. Besides that, you should have a reasoning on why you think bitcoin will continue to go up if you are considering it as an investment (that hopefully beats the return of the stock market).

Bitcoin has proven itself to be trustworthy, in less than two decades of it's creation it has gained so much reputation that it is called digital gold which clearly means that it is widely accepted as a store of value. Many currencies have been affected by inflation, it is easy for a government to print more fiat thereby devaluing their currency but Bitcoin limited supply has given it trust and people can hold it for long term instead of traditional currencies in a bank. Bitcoin can react to negative news and dip but it will only be for a short term and it will recover and rally, that is why it is a valued asset.

This is absolutely true. The increased adoption of Bitcoin in everyday use negatively impacts other currencies, including major global currencies like the euro and dollar. This exacerbates the fiat currency crisis and further encourages people to abandon it. It's an inverse relationship going one way, since the use of fiat currency is fixed and cannot rise, while Bitcoin is still considerable a new project that benefits from the fiat currency crisis.

The world is in chaos. There are wars everywhere. So, bitcoin not being tethered to a specific country means it’s not as affected when something happens in a specific region. It is unlike other assets where political and economic factors affect its value. Bitcoin may be affected but not always directly and not that much.

Though the population who are into crypto is still small as compared to world's population, it is already gaining interest from big companies and so penetrating the mainstream financial market. We can't deny the fact that a big companies are already accumulating btc as part of their assets. Though some are silent with their holdings, but I do believe that a lot are just quietly holding their crypto.

No one can guarantee the security of holding btc. Hence, at the end of the day, it is you who will decide if you will continue to venture in btc market or not, despite of what's happening in our world today. The war is now happening, so you can see the sentiments in the market and it is your time to speculate and decide what path to take when it comes to btc holding.

There’s no guarantee it’s safe, because just from the word itself, it’s called an investment, meaning there’s always risk, but it really comes down to belief, and we bitcoin investors, especially those who’ve held long term, are the type who actually believe in it,

And if you ask me what my reason is, well, I’ve made huge profits from holding bitcoin, and I’ve already enjoyed some of it, even bought a few properties, so with that, I don’t doubt bitcoin anymore, I don’t stress about a 20% dump, that’s normal in this kind of market.

so if you don’t trust it, maybe it’s just not for you..

The world economy is going from bad to worse day by day. Currency prices are falling and inflation is increasing in many countries of the world. In addition, there are one war after another in the world.The Russia-Ukraine war has not ended yet, and the Israel-Iran war has begun. This will lead to many negative changes in the world economy. In this situation, I consider Bitcoin safe and reasonable. Since its debut Bitcoin's value has increased day by day. And since there is no third party interference in it, it has become much more popular with everyone.
Inflation in the United States in 2022 was 9.1 percent, much higher than in many years. Inflation in Argentina exceeded 200% in 2024.  The main reason for this is the Central Bank of every country print currency  irregularly for its own needs. But there will be no more than 21 million Bitcoins  so the demand for it will continue to increase day by day because the supply is limited.
Although the price of Bitcoin fluctuates  it started at $0.003 and now its price has increased to more than $100,000. And it has been seen that the price of Bitcoin has increased whenever there has been a major global economic downturn.Thats why popular business man and institutions like Elon Musk, Michael  Saylor, Fidelity, BlackRock, JP Morgan have invested in Bitcoin. Many countries around the world have legalized Bitcoin transactions. It has even been possible to send aid via Bitcoin to war torn countries like Ukraine and Palestine, where the banking system has failed, thanks to Bitcoin alone.
In my opinion, Bitcoin is not a way to get rich quick, but it will keep your assets safe.  Bitcoin known as digital gold. It will be as valuable as gold at the end of the day.I consider Bitcoin to be the most secure and trusted crypto. So of course, I always consider investing in Bitcoin to be safe.

Are sure about this, only few times have i saw the price of bitcoin fall/increase by 10 to 20% in 24 hours and even if fluctuates within that range, it is not frustrating except you are a short term trader that just want to be invest and take profits but a long term investor is not worried about short term volatility. Yeah, bitcoin is risky due to market volatility but not very (highly) risky as you said.

This is why everyone should learn digital skills and technical skills because we are already in digital days where technology is advancing, if you don't have any digital knowledge it may be difficult to interact with others in the digital space and you will be left behind.

Keeping a large amount of money in fiat is the biggest mistake anyone can make. Interests in bank fixed deposits or savings accounts might not cover the inflation rate. Bitcoin price might be unstable but hodling it is far profitable and safer than holding any other currency. Bitcoin is gradually establishing itself as a safe haven and a potent hedge against inflation. 

This kind of volatility doesn't happen everyday, only at certain days where there's significant news or when the significant price action is imminent, as of now BTC is pretty stable.

If you look ath gold chart, you'd find out the same thing happened,so as to not cherry picking, this statement is wrong.

Moreover, the main reason why people just choose BTC for their safe haven is because it's liquid and it's easy to move around as well as secure.

Satoshi created bitcoin to be a currency but Bitcoin was not used as a daily currency these days, it was only used as an investment/speculation. So it won't have the effect of either causing a currency crisis or making people lose faith in fiat money. People losing faith in fiat money or fiat crisis is due to its original design and it is just a matter of time for it to collapse.

Bitcoin just gives us more options in protecting our assets, it is not the only option because before we had gold, metals or stocks, these are also assets that help us avoid currency devaluation.

But you are right, bitcoin is benefiting from the fiat crisis.

Yea 10% or 20% market movements are not an every day occurrence, they are
exceptional market movements and are never permanent, primarily the pull backs.

At a time of economic turmoil Bitcoin is safe, the network is safe, its never been
hacked to date. If you have full control of your Bitcoin what is an alternative place to
store your wealth? Gold - that you most likely dont physically posess, instead
a certificate to say you own X amount but its held somewhere else...or is it?

I believe that it is not safer than any other asset. Perhaps even more vulnerable than traditional securities, such as those of technology companies. This is due to the fact that the global economy is interconnected. That is, any crisis in the economy will affect every sector of the economy, including the cryptocurrency sphere. Should not completely rely on bitcoin as a "safe haven" and probably the most rational solution would be to diversify risks. That is, invest in different areas to compensate for the impact of the global crisis on certain types of assets (in particular, cryptocurrencies) by averaging out losses (when investing in different assets). A crisis is something in which everyone (assets) "suffers". The question is how to minimize this.

I agree, bitcoin is not safe in the world's economic turmoil. Those who say bitcoin is safe are just stubborn and refuse to accept the fact that bitcoin is not a safe haven. Bitcoin is not there yet, it is still just a speculative asset, and how can a speculative asset be safe in an unstable economy?

In an unstable economy, we can invest in it if we want because over time things will recover and the price of bitcoin will also increase. But it would be a mistake to think that bitcoin can protect us in times of uncertainty because it can be dumped at any time if the economy takes a turn for the worse.

So, what is safe? Gold right? Don't say Fiat, at least, dude.

Guys, can you deny Bitcoin's long term potential as digital gold? with its huge returns compared to gold and its appeal to young investors eager to innovate amid fiat uncertainty. But while gold's safe haven notion during times of crisis is still considerable, Bitcoin's volatility means it has not consistently taken action during market panics, right? ok, I have a solution for you.

If you are a newcomer to Bitcoin & want to make a well funded portfolio, I would prefer a mix of roughly 95% BTC & 5% gold for you. So now, bitcoin offers the potential for growth, and gold will add stability during storms, happy? So, no need to bother about choosing one over the other, make your portfolio smartly considering both risk and opportunity.

Bitcoin is not an asset that is directly linked to the economy, so it's safe, as it is being majorly driven by its community, cycle and investment.

You might want to be certain before scaring people with this remark. Any asset that fluctuates by 10-20% of its value daily is a very scary asset. Although such a rare time could be present due to some unexpected factors, but it is not what should be happening daily, as it would be disastrous and make it more unreliable.

If we talk about efficiency, Bitcoin is certainly superior in all aspects, when the world economic turmoil begins to feel more concerning and people panic that their wealth assets cannot be saved, then you only need to hold the seeds of recovery wherever freely, even if cross-country is needed, it does not complicate life. While gold, you will continue to store it with a third party and it will not be easy to withdraw everything in a matter of minutes. You also can't take gold anywhere, so efficiency will speak more to be able to move freely in the midst of an uncontrolled world economic situation.

Bitcoin is definitely better than holding fiat that's for sure, now as for safe, it will depend on what a lot of people regard to as safe, the bitcoin network in itself is safe, but the safety of the bitcoin in your wallet is up to you, and then there is the price volatility in the short term. I consider bitcoin safe for me and i use it as a hedge against fiat inflation, because i know all the risks it entails and i have all the arsenal to mitigate it.

That said, gold is far more stable than bitcoin, but bitcoin appreciates faster, i usually advise people to go with a mix of the two, rather than dumping one for the other; that's perfect diversification.

While Bitcoin is still in KUR with Fiat currency in each country, even though the world economy deterioran or improves the value of bitcoin remains safe, unless Bitcoin is no longer measured by Fiat.

Example:
You are in America, you are still measuring the price of Bitcoin with dollars or you are in another country, of course you are still measuring bitcoin with your local currency, even though in your country the economy is deteriorating.
Another example: Venezuela we all know the economy in the country is destroyed but Bitcoin is still safe there, they can still exchange or use bitcoin like other countries whose economies are stable and improved.

So it is not one reason for the economic destroyed, war or so on Bitcoin is not safe, Bitcoin remains safe.

Bitcoin should technically be the safest money at any time, even more so during global conflict and turmoil. And it is by nature. But when price is concerned it doesn't look like the best option always. Unfortunately since the market is still partially driven by emotions and there are always panic sellers, people tend to react negatively and create increased volatility.

At this particular time the first phase of the war NATO started against Iranian people last week is coming to an end with the total defeat of the NATO proxy known as Israel. However, NATO seems to like to expand the conflict they started in which case it could quickly affect the global economy as a big chunk of global energy could evaporate very quickly.
The devastation of it on global economy would definitely crash bitcoin as well.

In terms of storing value, gold may be far superior in terms of world economic turmoil because gold has been proven over time, but it is not impossible that bitcoin will also be one of the best even though there is speculative value in its journey. But in the long term we have seen how bitcoin can be one of the advantages in terms of storing value and this is based on the four-year cycle that always triggers prices to move up.

If compared to fiat currency, bitcoin is much better so there is a reason why holding bitcoin is much better and not having a controlling authority is also one of its advantages. Regarding lay knowledge, I think this is no longer a reason because there are many learning methods that can be learned by anyone if they intend to get involved in it.

Bitcoin is one solution to address the global economic turmoil that is never uncertain, in general I think many people will agree with what you have said. People who adopt Bitcoin have certainly come to the conclusion that Bitcoin is safer as a hedge and resistant to inflation, even though it is very volatile. Regarding risk, of course all types of investment contain risks, in the long term, instead of looking at it from a risk perspective, Bitcoin should be seen as a very profitable asset.

In a conflict situation like the one currently happening in the Middle East, people certainly tend to choose to invest in gold, because of the stable price. Choosing to diversify assets is a fairly wise middle ground, which in essence both types of investments will make everyone feel safe in protecting the value of their money, regardless of the current economic conditions and turmoil.

I always believe that everything in this earth is full of uncertainty; we are not sure whether Bitcoin will continue to perform its 4-year cycle pattern.  This is also the reason why many suggest to diversify so that when one investment plummet, another one can save the situation.

As of the moment, I highly agree that Bitcoin has been a safe haven for people who wanted to preserve the value of their wealth but that is only applicable if the Bitcoin market continuously performs good.  But what if the time comes when Bitcoin's performance becomes poor?  The market had been saturated, and people are now diversifying away from the Bitcoin market to invest in a more profitable venture.  No one knows how long Bitcoin will have a good performance.  But it is good to cease the moment so while being cautious we should take advantage of the benefits we get from Bitcoin.



I highly agree the best approach is always the well-balanced one.  This way one can avoid a disaster if the plan does not go out well because of the precautions.


There is a scenario where investment in Bitcoin is not safe, and that is the plummeting demand in the Bitcoin market.

Bitcoin still ranks fifth as the best asset in the world at this time which also would not be wrong if everyone wanted to choose it as a store of value asset. But we all need to know that Bitcoin is not a stable asset so it is still a little less suitable if it is only relied on as a store of value because Bitcoin can be relied on for more than that such as expecting higher profits after storing it for four to five years. While gold still ranks first as the best asset in the world at this time so it still looks worthy of being relied on as a store of value asset for everyone.

We are not new on that platform and we are Investing our money and time when we got opportunity and we know all Altcoins are pumped by BTC and It means theya re dependent on only BTC and BTC is decentralized and new people have to research it's history because they are new in cryptocurrency market and they are afraid to do Investment in that and family pressure is also on that because they gave money but I think they should try to learn more and Invest less if they are beginners then they will go to their destination very fast . When we are taking about Investment, there are always two things, profit and loss and we can't get profit all time and we have to be skilled person to  make wealth at that time . Economic situation of World is very bad because there are many Wars which are continue between different countries and things prices are going to the sky and in the last month we saw pump in price of petroleum due to attack if Israel on Iran .

I think that's why in the beginning, investors really don't understand what Bitcoin is and so they stay away from it. But as years gone by, they now realized how to take advantage of it's cycle, and it's volatility. and we have seen Bitcoin as a hedge against inflation and currency devaluation. And so with that, it makes one of the best asset together with gold. And we have seen that it is a good alternative too in countries like Nigeria or Turkey or Argentina wherein their currencies is unstable.

Of course, we can't anticipate what is going to happen in the future,  but I still do believed that even in financial disasters or wars that we are seeing right now, Bitcoin will thrive under this circumstances as it has a lot of pros.

In its early days, bitcoin was very volatile that was why many people didn't get into it as that was one of their major concerns at that time. And for some, it still is. But now that it is not as volatile as it used to be, more people and institutions are turning to it because even though the profit is not as before yet you can invest in it as an edge against inflation, a store of value among many other beautiful things.

Even with the fluctuations, I still prefer it to the fiat based off of historical evidence and that of its future price forecast. This one will only be enjoyed by long term holders.

Bitcoin has survived every single torment from when it was launched till now and that didn’t stop its progress and development, see how far it has come today. I have been really proud of how Bitcoin was able to achieve all this despite external pressure from the government of trying to make it centralized and censored. Seeing how bitcoin has developed over the years, it shows that the world economy turmoil will only have effect on it for sometime before it gets back to its original state once again. This is world economic crisis should not make you think that selling is the best option now, keep holding because this moment will come and pass and you’ll be glad you held through your bitcoin during all this chaos.

1.Bitcoin is not considered a "safe heaven" asset. Gold is the ultimate "safe heaven" asset and this won't change anytime soon.
2.Price fluctuations are risky and frustrating only for the day traders and the crypto noobs. The hardcore long term BTC HODLers cannot be bothered by the BTC price going up or down by 10% or 20%. Maybe you are a Bitcoin noob right now, but will gain experience for sure.
3.There's a learning curve, when the ordinary man wants to setup a crypto wallet and use cryptocurrencies, but it's not rocket science.
The "average Joe" doesn't have to know anything about cryptography or how blockchain technology works in order to use Bitcoin(or any altcoin).

Safe as any market, since most of it now is big investors. War is different from bank/company collapses though. I remember FTX and whatever happened after that where FTX was actually not the cause resulting in a big impact. It was a domino effect for sure, because a lot of investment in FTX came from other crypto companies and even other CEX and when they found out the investments were gone, they collapsed.

But FTX was actually a symptom of the industry, and when the symptoms showed, then people knew the truth. Hence the collapse. All banking crisis that happen are symptoms. Banks hide how bad the disease is and when they got found out, then market crashes.

But war? No idea...

As bitcoin investors, we are truly proud that bitcoin has been able to overcome all the challenges from governments and central banks, when they tried every way to ban it for many years, but finally they had to admit defeat and accept its existence. But I would say that the challenge from government bans is nothing compared to the challenge from global chaos from economic to political.


Just because Bitcoin can survive a ban doesn't mean it can survive a chaotic economy, we can't reason that way, Bitcoin needs to prove its strength and only time will tell.

It is too early to declare that bitcoin will be safe in the midst of economic turmoil (if it ever happens) because since its inception, bitcoin has been quite fortunate in not facing any serious economic turmoil. The covid pandemic was probably the first challenge and it has passed but that is still not enough to say that it is a safe haven like gold.

BTC has opened many government and individuals eyes to see the benefits of making BTC legal and legal tender, and it has reduced inflation from those countries that made it legal and legal tender. Those countries that made BTC legal tender, it has helped their citizens to involve BTC in their various businesses to accept BTC for any kind of goods and services their customers want to buy.

Those countries that made BTC legal tender are experiencing positive results from their economic, which is the wish of every government that have the heart of their people in mind, because with BTC they will experience safe and faster transaction.

Which countries and economies have reduced inflation by legalizing and adopting bitcoin into their economies? Which countries' economies are getting better thanks to the legalization of bitcoin? Can you list some of them instead of just rambling without evidence? Because to my limited knowledge, I have never seen any country that can improve its economy, improve its country just by adopting bitcoin.


A national economy depends on economic policy, infrastructure, technology, human resources, resources...hundreds of factors need to combine to be able to maintain or improve it. It is not as simple as an individual or corporate economy relying solely on speculative assets to thrive. Bitcoin is not a god and does not have magic to change or improve the economy of any country.

Bitcoin does not have a house  to be bombed, it is decentralized and has little to nothing to do with what's going on with the turmoil. There is no risk associated with Bitcoin neither is there any breach in the Bitcoin protocol as a result of what is going on with the global economy. Therefore, if there is anything that is safe at this time of uncertainty,  it is Bitcoin. I was expecting the price to soar instead it's dropping in price which makes me wonder if people are selling off their Bitcoin to buy food 🤔

In this current economy that has been faced with economic challenges and even with the ongoing war that we are experiencing in the world today all attention are gradually been shifted to Bitcoin because Bitcoin has been able hedge against inflation that the world has been struggling with making Bitcoin the perfect solution to fight against inflation because Bitcoin is a decentralized currency it is beyond the reach of the manipulation of the world big economic Powers so in this current world economic crisis that the world is face with Bitcoin is the solution to it because it is safe and secure

Am I the only one who is wondering why there's no continuation in what OP wrote, it jump from one to another abruptly while saying bitcoin is good for investment. Even though if someone wrote this who is not good at english I don't find any reason to jump like these unless it's just copying or paraphrased version of multiple facts about bitcoin and post it as s thread.

Bitcoin is actually the safest investment one can think of right now with the way the world economic situation is becoming due to inflation, we need alternative investment that will be reliable and store our value and I am sure Bitcoin solve all the problem. Instead of investing in any thing you are not certain with due to economic situation, Bitcoin will save you from everything as far as investment and value is concern.

FOMO amongst newbies is the reason why newbies always make mistake in their investment. Some of them do buy them in a centralized exchange and leave it there which is wrong. Therefore, they need to understand the risk involved in crypto investment in general.

Sometimes I wonder what'd had become the world hedge of safe haven of were we can keep our funds safe without loosing it for economic political turmoils if not for decentralized bitcoin with it digitality form of accessibility.
Even the gold isn't a safe haven in lookout to what's going on currently around the globe with the wars here and there. Some will say gold is safe haven because it increases in values during crisis but we don't consider the fact that where peace is destabilized we'd all scamper for our dear lives while our treasures are misplaced but without knowing bitcoin is the ultimate safe haven because you don't need go about with it but rather get it hold in the blockchain while you just need internet to have access to it.

Thought Bitcoin was actually benefitting from whatever world politics, economic turmoil going on... except the last couple of days markets seem to be screaming fear...the bombings in Iran which people see as a potential trigger of World War 3 could  be throwing markets into panic mode, and as things stand we don't know how Iran will retaliate and before it happens markets are expected to dip..

Otherwise safety wise.. Bitcoin will always be Bitcoin relying on supply and demand and nothing will really hurt it as it will rebound.

While these centralized banks that are being established in Israel and Iran have come to suffer from the current war, the focus is now shift to bitcoin wherein they can transact on their own without the interruption of these banks.

So this is an eye opener to those who are bank fanatics, don’t put all your eggs in a single basket, or do not trust bank too much, as their establishments can be ruined anytime, but if you chose to have a bank on your own with bitcoin, your funds will never be at a high risk whenever there is war happening.

BTC sells during volatility because its not on a global average a safe currency as such, ironically Dollar still qualifies and an event that disrupts a region to a large extent such as recent and today's events will benefit Dollar over BTC and thats a resulting price change of lower BTC.
  It doesn't really mean BTC is weaker or less value exactly but short term its an effect not unsurprising.  Dollar is bigger, still more liquid more widely recognized and exchanged and so on and security wise people goto Dollar even while there's some decline medium even longer term for Dollar.

The Bitcoin network is safe from war, geopolitical instability, untouched and almost secure but its price is not. Bitcoin price depends on cash flow from economy but economy is affected by war, politics. Meanwhile, what people care about is the value of their assets, they don't want their assets to lose value and that's why bitcoin is still not a popular choice in a turmoil economy. And bitcoin price is falling because people are selling it to move to safe assets like gold, not because they are selling it to buy food, LOL.

Bitcoin is still a high-risk asset class. In fact, for the first time this year, it underperformed gold during global turmoil. That says a lot—when the world gets shaky, investors still prefer the old-school safe haven over digital volatility.

Let’s not forget: BTC drops 80% every 4 years. We might be right on the edge of another one. And the whole “no government control” narrative? China already debunked that by kicking out miners in 2021, crashing the price 50% in days.

Now most miners are in the US, and they’re one election away from getting hit with heavy taxes. Where will they go next? Kazakhstan? Iran? Yeah, we’ve seen how that ends.

To answer this question, look at how the bitcoin price reacts to the events of the Iran-Israel war and the bombing of Iran by United States aircraft. The price of cryptocurrencies is collapsing. The problem with bitcoin and cryptocurrencies in general is that they are peacetime assets, and these assets feel great when the economy is growing.

In other words, bitcoin is not a defensive asset to preserve value. Bitcoin can diversify the risk of fiat currency inflation to some extent, but as an asset for preserving value it is extremely unreliable, due to the technical requirements of the existence of miners, the supply of electricity, and the existence of the Internet itself. Could all this exist during World War? Maybe, maybe not. The protective asset is only physical gold.

This is the same to the fiat and stable coins. They are stable but being stable doesn't mean they are safe because you know, there are inflation and freezing of funds that can occur.

Indeed but that is still a massive loss in profits. This is why it is better to sell when the opportunity knocks. Oh well, they can only hope that BTC can still bounce back and they will only need to hodl strongly again. Total shit can include the world of cryptos, so yeah. The effect can in fact be instant. We can only hope that there is still a light at the end of the tunnel. In terms of recovery, all must be on the same speed/level. So far, I think such thing haven't occurred yet and I don't even think this is possible.

Just because you lose from fiat investment, then bitcoin investment might be safer then. Both have certainly its own risk. However, since bitcoin is decentralized in nature, and therefore no manipulation coming from any government or private entity, hence its quite safer, but not like it’s a complete safe haven.

Gold is probably the only safe haven investment, but if you are an investor that is affected with the current war, I don’t think your gold investment will survive but it’s only bitcoin that will be more reliable and can survive throughout the rest of war.

Yeah, especially if you're holding mere gold certificates, IOUs, or whatever paper gold. Aside from the fact that they are mostly not redeemable for physical gold, the redemption process would be a thousand times harder in times of modern war. You're not even sure if the vault storing the physical gold reserves could withstand the strength of the latest bombs.

With Bitcoin, you can bring your backup anywhere you go. And you're always sure that whenever you want to spend your coin, it's always there.

Therefore, many predict that the price of Bitcoin will fall due to war because many investors choose to withdraw their funds in Bitcoin and exchange them for gold. Some people say that Bitcoin is safer than gold because when there is a war we cannot bring our gold when the world is in turmoil. But I think that does not apply to whales or high-end investors. They are not affected by the current war. In my personal opinion, one of the reasons whales are withdrawing their money from the crypto market is because there is a possibility that the price of gold will increase due to war. And yes, war will slow down the global economic flow which can affect investment sectors such as crypto and stocks.

Bitcoin is a safe heaven in the face of the current economic situation that the world is facing because Bitcoin is not like the ordinary banking system where even the smallest thing or crisis will affect it this is a wake up call for as many people who has not yet come to terms with the changing world that we find ourselves the world is no longer the same way that it was with threat of war every day it's important that we take personal custody of our finances



Bitcoin should always be the priority of any one who has tomorrow in view because at the break out of war the banking systems will crumble but with Bitcoin you're sure of the safety of your finances

Human beings desire guarantees, yet Bitcoin is the open question that refuses to close. Be your own bank, control your keys, no one will be able to freeze your wallet. Yet, nobody’s there to bail you out when you type a wrong address or trust a dodgy exchange. It is financial independence, but the cost is self-responsibility without a safety net, which is okay until you reach the learning curve and realize how steep it is

Bitcoin itself is an ideology, a rolling experiment in anti-fragility and digital sovereignty. However, when you examine history, with every new system that offers freedom, new gatekeepers and new risks are created. Bitcoin is not an exception: more whales manipulate the markets, more regulations continue to appear, and hardware wallets get lost. Is that safer than inflation eating up your savings? Sometimes

And despite all the safe haven talk, most people still live in a place where not paying rent is more frightening than not riding a bull run. There is no final answer, only a cycle. Bitcoin is adopted as a hedge, it becomes mainstream, then it is regulated and re-absorbed into the same system it was trying to avoid. So what are you trying to be safe from? When your answer is different, your strategy is different. In the end, it’s all about finding your comfort zone in the chaos, and being honest about how much risk you actually want to carry on your own

For those who fear that the price of Bitcoin will decrease due to war, there is a great possibility that the price of Bitcoin will increase further. Because when war breaks out, people will fail to provide security for their assets. Moreover, gold or other assets that have physical existence are not immediately transferable. That is why investors are more interested in digital assets. Moreover, the biggest reason is that there is a possibility of global inflation due to war. Those who are aware take quick decisions to maintain the value of their assets. By investing in Bitcoin, an investor can be safe from both the safety of his assets and the effects of inflation. When the financial situation was disastrous during Covid 19, Bitcoin was in a strong position.

Bitcoin is superior to other physical assets like gold, silver in terms of storage, it is not too bulky and easy to hide from others. But it does not stand out when compared in terms of legitimacy, popularity, liquidity...
Overall, bitcoin may be an option to help us out of economic turmoil but it is not the best or only reliable option.

Not to mention, it should be noted that its short-term volatility can cause our asset value to drop suddenly and can cause us some trouble if we want to spend.

Bitcoin is not perfect and whether it is the best option or not will depend on the situation. If you are not in a war zone and do not need to move, you do not need to convert all your assets into bitcoin when the economy is in turmoil.

This is not true. A 10 to 20% fluctuation a day will make bitcoin too unstable to invest in. Even within a week, Bitcoin doesn't do 20%. A 10% decrease in bitcoin based on the current price will take bitcoin to about $96k, which we haven't seen I a very long time. We usually see a 1-3% fluctuation in bitcoin daily, not 10-20%.


I think it's an established fact that Bitcoin is best as a long-term investment. It is almost certain that in the long term, Bitcoin will give you profit, but in the short term, it is not so certain.
A lot of other assets also don't guarantee profit in the short term. Gold, Silver, stock, real estate, all don't guarantee profit in the short-term, so it's not that different from Bitcoin in this aspect.

OP's topic is basically about Bitcoin as a hedge against inflation or he is considering if Bitcoin is a safe asset to invest in during economic crisis. He is worried about global uncertainties like wars, inflation, bank crisis, and tariff wars which have affected investments negatively. We are in a Bitcoin forum where most of us have practical experiences on how Bitcoin could be a viable asset in this troubling time. So you should expect almost everyone to recommend Bitcoin as a safe haven asset. I wouldn't blame most members for their responses because the original post was also not written sequentially.

The approach in long -term concepts is still quite safe in undergoing investment in Bitcoin because someone who does not carry out selling activities in the condition of the decline under the basic capital in essence will never lose. This is in line with the pattern of guarding the value of the financial we have because most people see bitcoin as a pretty good investment step in the long run. War had an impact on Bitcoin's journey on the market because we could see the correction process that occurred but in the end Bitcoin again found the recovery rhythm gradually, until in the end we could get through these conditions and would never get a loss if someone did not panic.

Some people correlate BTC performance with stock or even S&P500 thus the price drop.
Like as you said though, BTC is backed by math and decentralized network, in time of regional war bitcoin is the most flexible asset to have. It's a good store of wealth for now.

It's no wonder after ceasefire happen price jumped back again.

It makes sense, in the uncertain economic chaos it doesn't really affect bitcoin because bitcoin was also created to overcome global economic uncertainty, let alone fiat which has a lot of crime there, so with bitcoin it is freedom. In fact, Bitcoin is now widely used as a hedge, especially for investors who live in countries that are at war or countries that are experiencing economic instability.

I have also read an article about the IMF, they mentioned that Bitcoin transactions often occur in countries that are experiencing economic crises. There are several examples of countries such as Venezuela experiencing hyperinflation and Argentina experiencing tightening of financial controls and Bitcoin offers a way for these countries to overcome high inflation to stabilize their savings and even make Bitcoin a global trade transaction.

There is no doubt that Bitcoin is one of the best long-term investment options. There are many sentiments that directly affect the market value of Bitcoin, but from time to time, Bitcoin always grows and even creates new ATH.

Price corrections are natural and all are temporary, with a little patience, Bitcoin in the long run will make its adopters rich and not the other way around. As of today, Bitcoin is trading at a price of $106 K, it is never too late to adopt it.

During a war, nobody will be left untouched, even Bitcoin will bleed like crazy. More than 30% of Bitcoin liquidity comes from institutional investors which is why anytime there is a bad news from the white house or any related war news, Bitcoin does like it will shit its pants out, these group of people are reactive investors that sell everything to protect their position and it's not because they are not really bullish, they have positions to protect to avoid liquidations.

Other than this institutional investors impact, I think I will have to go with Bitcoin, it's not centralized and no governments has power over it. Learnt that during the corona 2020 many stock market were force close which means people couldn't buy neither where they able to close their positions. It was a mess everywhere, the government was trying to do some control damage but that's too centralized and not fair, unlike Bitcoin it's yours to decide even with a centralized exchanges.

Gold, silver...these assets also do not guarantee short-term profits but they are much more stable than bitcoin. They are rarely sold off, so they can protect us from short-term losses, especially during economic turmoil.

The difference between them is huge as gold is a safe haven while bitcoin and stocks are speculative assets. That is why during times of economic turmoil or war, gold prices often remain stable or increase, while bitcoin prices tend to fall more. But in the long run, bitcoin and stocks will give better returns.

If the world is in turmoil the internet will also have to suffer the risk, Many people will have to live in absolute darkness due to blackouts, we will see  valuable and precious commodities lose their value and we all know; bitcoin as a digital asset/Crypto currency depends heavily on light and internet to perform transactions.

Although lightening network might help in mitigating  the limitation of internet disruption or failure but how about power?. And there is a limit to how long a transaction can remain offline because in general bitcoin is not designed for offline transaction, It has to be broadcasted to remain valid and also prevent double spending. Delayed transaction will be at high risk so bitcoin might not be totally safe.

Overtime, Bitcoin has proven to be potentially safe for all it's global users,But that notwithstanding,poor security attention,lack of education and Bitcoin insights,it can be ruined and leads to a permanent damage.There're several ways to improve and leverage the effectiveness of it.

For Bitcoin investments,  long term is just  the best if you want to maximise profit at the end of the day because the only way you can scale  through and not be affected by little volatility around especially in the he short term will be when you are fixed on the long term.  Short term will not make you as much as long term will.

Balancing your approach is not an easy one to do but if you can successfully get it done, you will gain some sort of stability that will be lasting long enough. Bitcoin investment like I will always say is a long term investment and not a get rich quick scheme so you have to know that while you are engaging so you know how to adjust your mind.

Historically, Bitcoin has fallen by as much as 80% on four separate occasions whenever there were signs of an economic downturn. It’s not exactly the kind of asset that reliably protects investments during crises. The original post seems to confuse hopeful thinking with actual facts

The stock markets have experienced the fastest sell-off in history, they did not completely shut down during the covid pandemic. Only a few physical offices closed and moved entirely online to comply with social distancing regulations at the time.Additionally, some markets have triggered trading halts(circuit breakers) to reduce dumping and reopened shortly thereafter. Major stock markets like the US and Japan never closed during Covid.

Both the stock market and bitcoin crashed during covid, and both only really recovered when governments decided to pump money.

You're right one factor that really affects Bitcoin price is external factors like this major world events affects Bitcoin so the world being on turmoil will really a great effect on Bitcoin causing it to depreciate in price .


One thing that Bitcoin requires to operate is the inter and when ever there is problem with the Internet there is going to be problem when war breaks out most service providers is going to short down and there are sites may not be operational again

In the long term, those who adopt Bitcoin will see real profits, but they must be patient after investing. In my opinion, Bitcoin can be a pretty good solution compared to many other types of investment, and you shouldn't miss the opportunity to adopt it. While its price is highly volatile, its value is constantly growing, setting new all time highs.

Undoubtedly, amid an uncertain economy, Bitcoin also offers an opportunity as a hedge against inflation. Currently, it's the most valuable digital gold. I think anyone who pays attention to Bitcoin price movements will easily understand that its value always grows upwards, and its yearly percentage increase is quite convincing.

Bitcoin may remain resilient against hacks. But for what use? If market prices go down, people will simply panic sell and look for something else. It's always been about the money. Not the utility. Diversification is a must during times of economic uncertainty. I'd suggest anyone to hold both BTC and Gold for complete peace of mind. Might as well add Silver while you're at it. This last one is extremely-undervalued and could "blow" up soon. But that's just my opinion. Do your own research to help determine what's best for you.

Either way, we know Bitcoin will remain unaffected by government policies/actions thanks to the way it was designed. That's a sign it will last a long time. Probably a lifetime. Who knows what lies ahead in the future?

You have to expect a high price for BTC and a low price that BTC also follows long term.  If the scenario is to predict an unfriendly economic atmosphere then at least at first I would expect the lower end of the range price that BTC accumulates value with over the long term.
  Its far less glamorous and exciting to be part of Bitcoin in slow and low pricing but if it wasnt true BTC can gain even in bad times I dont think BTC would last in any state of the economy.

As far as I know Bitcoin is still considered as a high risk investment due to its volatility. However, it can be safer if you understand well how to manage your Bitcoin investment and you know the cycle (4 years cycle). So how safe it is, it will depend on your own way to manage it!

IMO, there is no 100% safe investment, including Bitcoin. And there is no really safe place to put Bitcoin. Even if other people can't access it, you may lose it because you forget the key phrase or password of the wallet. You must also be aware that no one knows the future of Bitcoin. So, I always remind myself and everyone to set a realistic target.

Only those day-traders who feel frustrated. The long term holders won't care with the price changes in a day.  ;)

We have seen several major events in the global economy in general, and the COVID-19 pandemic and war have halted many sectors of economic growth.
Then we come to the discussion of Bitcoin's ability to maintain its value and remain unaffected by worsening economic conditions. Why is this possible? Preserving value is always interesting to discuss, as Bitcoin can adapt well to adverse economic conditions, even though there are short-term impacts.

A balanced approach is related to how one can create percentages, but if balancing a pattern that begins with a simple approach requires a definite step.
The solution is how one sees opportunities in Bitcoin and how they target their investment amount, even with a small amount of capital.

Well, BTC can be a hedge or a risk depending on one's strategy. Like other assets, BTC has its own pros and cons. We can call it safe on the grounds as;
          - It's not controlled by any government, so immune to local monetary policy failures.
          - Can be stored and moved across borders easily.

Meanwhile it can be a risk because;
          - Price swings can be extreme, even during crises.
          - Can be banned or ristricted in uncertain times.
          - BTC has limited practical use in emergencies compared to traditional assets like gold and cash.

In some situations, BTC offers protection from traditional financial systems but still it's not a guaranteed safe haven like gold.
Diversification is key.

Bitcoin can be risky during economic turmoil. Some people see it as a safe place to put money, like digital gold, but its price can go up & down a lot. If people lose trust in the economy they might buy bitcoin but if they need cash fast they might sell it. So it’s not fully safe but it can help sometimes. It really depends on how people react & what’s going on.

However, its price has also increased significantly during rapid economic movements in four separate Bitcoin cycles. Therefore, it is highly inappropriate to say such a thing about Bitcoin, as it has been a truly reliable investment asset both in the long term and in the face of global crises. If you have observed the Bitcoin price declines on four separate occasions, you have also seen the rate of price increase in Bitcoin during four different cycles. Therefore, you must consider both to have a clear benchmark for Bitcoin and to draw more detailed conclusions about such events.

In short, BTC can be said to challenge the global monetary system. Because fiat money is freely printed without gold backing, inflation and interest rates in the monetary system can be overcome by BTC's deflationary system. Therefore, if we keep our money in a bank, especially a deposit, it will become worthless due to inflation. This also relates to how safe Bitcoin is amidst global economic turmoil; the answer is, of course, very safe. Although Bitcoin was created to challenge the financial system, it has many flaws, and Bitcoin will certainly be safer during economic uncertainty because it can withstand inflation.

Bitcoin is indeed volatile, but if we look at its price from past to present, Bitcoin is the best asset to use as a hedge in any economic situation. So, for me, Bitcoin, besides being able to create financial freedom in the future, is also the best asset to own during economic downturns.

It really doesn’t matter how high an asset climbs if it reliably crashes by 80% every few years. You’ll understand that if you survive at least one proper crypto winter.

https://www.talkimg.com/images/2025/07/20/UAfPJT.jpeg
https://www.investopedia.com/articles/forex/121815/bitcoins-price-history.asp

Wiwo you are right, and I just decided to show you all Bitcoin growth chart, now from this chart you will understand that people didn't just trust Bitcoin like that it was the growth of it that made a lot of people trust it and then started investing in it, Bitcoin is a very good asset that people should invest in, Bitcoin will keep growing bigger so those that are still afraid of it should stop because Bitcoin is here to stay.

Wiwo you are very correct when you said that Bitcoin has shown alot of positive outcomes that have saw a seed of confidence in it holders that the future will be better than the past.
Bitcoin has been growing for years now for me I'm so confident in Bitcoin that I believe Bitcoin will hit $1 million very soon, now Bitcoin is heading to $200k it has already started moving little by little very soon it will get to $200k and from there $300k just like that it will be growing.

Bitcoin was not created to confront or challenge the monetary system, it was created to be an alternative, but that goal has also failed as it is only used as a speculative asset these days.


Bitcoin is a speculative asset like stocks, or some people use it as a store of value like gold, so how can it challenge the global monetary system? Bitcoin will not change or affect the current monetary system, nor will the fiat currency system face any problems just because of the existence of bitcoin. 

People turn to bitcoin simply because it is a potential asset and has the opportunity to bring higher returns than traditional investment assets such as stocks, gold, real estate.

Trying to give answer to what the op has said, I think Bitcoin is very safe when found in the situation that he mentioned, Bitcoin is a decentralized asset as such those shitty news out their doesn't have much effect effect on it, during the Iran and Israel conflicts though their was a price shrink may be due to the conflict but it was with continuous price fluntuation that seems a bit confusing to many people that doesn't understand that bitcoin is a volatile asset but the truth is that war doesn't affect Bitcoin price much unless it is a global economic waste that has hit very high, Bitcoin is inflation free, meaning that economic inflation has no power over Bitcoin, it is just about the demand and supply, yea negative news may cause panic among those that are shaky in the industry and this may lead to temporal price corrections which will also pump back in no long time.

BTC challenging the global monetary system? With "Wall Street" joining the game, you might as well forget about that. Investors are buying up BTC like crazy not because they're planning to use it as an alternative to Fiat, but rather as a store of value for long-term gains. Just like Gold. And if Gold never managed to challenge the global monetary system, what makes you think Bitcoin will? Centralization looms ahead with every BTC big institutional investment firms and governments buy. Not to mention, centralized exchanges dominate the market.

Only truly-decentralized cryptocurrencies with real use cases as "digital cash" will be able to challenge the existing monetary system. I see Monero as a better choice than Bitcoin in this regard. But to each their own. At least, BTC keeps reaching new ATHs. As long as you're able to make money, nothing else matters.

But the difference may be seen when Bitcoin experiences correction in the condition of world economic turmoil because it can always be recovered gradually and now most investors also no longer experience panic in these conditions so that corrections only take place in a relatively short period of time.
People say Bitcoin is one of the good hedging steps to be invested so that more adoption occurs.
Bitcoin was not created to oppose the Fiat currency or other links as discussed by most people, only the process was linked as if Bitcoin would replace Fiat for the future.

The transition to Bitcoin is based on the value of this asset that continues to grow and most importantly can be a hedge so that more people choose it today.

Growth of course made a lot of people like bitcoin and invest. There were tons of period where people could have made x10, and that is why they invested. Even to a point of 10-15k levels, we have seen people investing now making x10 give or take. So consider how many x10 it did until then.

However, we need to be careful anyways, because it is not really that easy, and we will face plenty of issues if we are not careful. What we need at the moment would be just focusing on how to get better results. If they can do a good job then they can make some money from this, but if they fail to do a good job, then we are not going to get a good return. What we need at the moment would be just making sure that we are dealing with nothing that possible anymore, x10 is way too tough, and not easy.

Bitcoin is safest investment when we talk about Investment about online platforms because no asset is like Bitcoin and billions of people know about cryptocurrency and Bitcoin and we have millions of examples who made profit from that.  Cryptocurrency is all about Investment with knowledge but if you Don't do your own research then crypto is not made for u and you can save your money but if you are an educated person and you want to grow in life and want financial freedom and don't want to work lifetime then try to work in exchanges where you can trade your tokens and you can earn reward on daily basis.Daily basis investments are good for you and you can also change your investment side and you can sell the tokens which can give you lose .

There is some inferred backing because almost every nation has some reserves of gold in the ground as well as in control of a central bank.  The problem is largely just how stretched the valuations have become due to far less gold to FIAT currency per unit, the debt and newly created currency is far in excess over multiple decades. 
  To grasp just how bad the current situation is, recognize that dollar was criticized before the moon landings ever occurred as the debt and dollar issuance was out of control even then and its been decades of continued inflation ever since.  I think the main backing now is not gold its tax revenue and just the threat of out right confiscation of private property etc.
  Bitcoin will suffer from volatility if such limits are tested, theres always a high range of prices and a low range but even the lows for BTC would remain impressive.   In long term deflation I think commodities would take over, the debate should be if BTC could be part of that economy in a digital way.

Making x10 returns with Bitcoin might not be easy within the short term. But if the USD continues to lose value, then getting "rich" would be a "piece of cake". "Hodlers" would have greater purchasing power within such a short amount of time. During times of economic uncertainty, holding Bitcoin (and even Gold) is a must. Due to Bitcoin's deflationary mechanism, more people are beginning to recognize it as a safe-haven asset.

Who knows? Maybe BTC will go as far as replacing Gold in the future. Institutional firms and governments are buying and holding BTC like crazy. So why can't we do the same? Just buy, "hodl", and forget about the rest.

Who have winter experience in crypto are able to understand many things. If we think about something like this in the case of Bitcoin, it is unlikely to happen. Bitcoin is no longer a typical asset. Earlier, a few people used Bitcoin and could influence the price in various ways if they wanted, but currently the number of investors in Bitcoin has increased. People of all classes are now buying Bitcoin and considering it as their investment asset. So, no matter how bad the situation of Bitcoin is, it will definitely not go down too much. I believe that bearish times can have a negative impact on the price of all coins, but in the case of Bitcoin, there is no opportunity to think like other.

The answer is already there, and I would like to add that no matter how volatile the global economy is, Bitcoin will remain secure. As a currency, Bitcoin remains a store of value that will not diminish. History has shown that Bitcoin is capable of instilling public confidence during times of severe economic turmoil.
Since Bitcoin storage is different from fiat currency, securing it must be done in a way that is completely safe from internet access, as what needs to be secured is not the Bitcoin itself, but the seed phrase and password. If the seed phrase is safe from malicious hands and unforeseen events, then Bitcoin will remain secure.

In my years in this crypto industry, I have never seen that while a country's economy is falling, the price value of bitcoin is also falling, in fact the opposite is happening because there
are times when the price of bitcoin is rising even though there is an economic crisis in a country.

So I can still say that holding or buying bitcoin and holding it for the long-term is still really safe when compared to other investment assets
that their investors are making.

Something that was created to be an alternative can be a challenge to others if people find it more better than what has been the traditional thing. I can comfortably send someone in other part of the world Bitcoin right now and they can receive it under some minutes, sell it for cash without raising a voice but if you want to do wire transfer today, it might take 3-7 days before the recipient will see access to that money, now tell me why banks wouldn't envy Bitcoin.

Bitcoin is what we should have had from beginning before all this fiat system that is controlled by the government, Bitcoin doesn't have anyone who control it. Do you know that today if government want to have Bitcoin as official and regulate it to their own taste, they can do it and even minimize somethings they fear about like money laundering and the rest. It will even be better than the fiat system they think is better than Bitcoin they talk about all the time.

Cross-border money transfers with faster times and cheaper fees are one advantage of bitcoin over banks or the traditional monetary system. But is that attractive enough for people to switch to bitcoin and abandon the banking system? What do you do if you accidentally send to the wrong address or the recipient accidentally gives you the wrong wallet address? Can a transaction be reversed? Or bitcoin is volatile, what will you do after completing a transaction and bitcoin price drops 5-10%?...You won't have those problems with the banking system and that's why large value transactions are still processed through the banking system instead of using bitcoin, so far.

Also, does bitcoin provide financial solutions and services like loans, financial consulting, insurance...like banks? How can it challenge the banking industry just because it has one advantage of faster and cheaper international money transfers? while it can barely provide any of the critical financial services, which play an essential role in a country's economy.

What was the goal of Bitcoin? Bitcoin works for financial solutions, definitely, like cross-border transactions without any third party. It's a big revolution for the financial industry; Bitcoin won't replace the traditional banking system overnight anyway. Bitcoin helps to rebuild the foundation of those providing financial solutions, like banks and other financial organisations, in a more open and decentralised way.

Yes, banks provide you loans and insurance, but Bitcoin gives you the opportunity to be your own bank. You can claim ownership of your Bitcoin when it has been held in your noncustodial wallet. Bitcoin is rebuilding financial solutions without third-party involvement. Recently even some DeFi are offering loans and insurance as well, though they aren't very popular or trusted. It will really take time, because the traditional banking system has existed for a long time; it can't be replaced too quickly.

Bitcoin has grow to eliminated doubt from individuals, institutions and governments mind  by all time high (ATH) in the market. bitcoin has helped individuals to earn a lot of income from bitcoin holding to establish other investments that is making people around them to see them among the wealthy investors in their environment, bitcoin has reduced unemployment from some countries that made bitcoin legal tender, which is the wish of everyone that have the knowledge of bitcoin to pray for their government to make it legal tender, bitcoin is more safer than other assets because it bring out good income that will make you to invest more in bitcoin while you can't achieve such income from other assets because government taxes will not allow you to generate such income.

That's crazy assumption for anyone that Bitcoin would replace the traditional banking system since the fact is this situation is really hard to happen. Maybe it might be good option same like other valuable asset use or invest by government.

DeFi is actually brought some nice innovation out there. But unfortunately its major stints is close to failure because there are lots of scammers take advantage on the scene and many people lose their trust when people talk about it due to scams happened. Banks would just adopt and maybe they accept Bitcoin deposit same as what they did  on fiat. But they provably won't replace it on Bitcoin since this is protected by law.

Bitcoin has created more new millionaires, which is an undeniable fact, and I agree that Bitcoin does reduce unemployment. However, we need to clarify further that the domino effect of Bitcoin's presence has also made the crypto market extremely vast, with numerous categories and sectors open to new developers, enabling new job opportunities in Web3.

More specifically, the capital gains from the increase in Bitcoin's price allow you to earn additional income from the money you exchange for Bitcoin, but the condition is that you must hold it for the long term.

However, when discussing risks in the current economic turmoil, you must consider that Bitcoin is still considered an asset with high volatility. Therefore, when turmoil occurs, the probability is that Bitcoin prices will drop because, from an investor's perspective, they will seek safer havens during economic turmoil.

Owning a few is definitely better than owning none.
Internet is hard to kill, not impossible but if that happens owning wealth becomes secondary.

As I said, I even believe bitcoin is not capable of doing that and it will never replace the banking system, the traditional financial system.

In addition to the fact that bitcoin cannot provide financial services that support individuals, businesses to grow, and thereby boost the economy. Bitcoin also cannot provide and enforce monetary policies to curb inflation and crisis...
Like during the covid pandemic, if there were no banks and governments implementing policies like monetary easing, printing and pumping money into the economy. What will happen to us and bitcoin? In that case, what can bitcoin do and how will it help us?

It is no coincidence that banks are called the backbone of the economy. For our economy to run as smoothly as it does today, it all depends on them. Without them, along with their monetary policies to regulate, manage and balance the economy. The economy has collapsed and we are in dire straits, let alone having the opportunity to invest in bitcoin.

In short, Bitcoin cannot provide financial services, cannot conduct monetary policy, cannot regulate the economy...how can it replace banks?

Although Bitcoin's price will drop due to global economic turmoil, it always manages to recover and set a new ATH. Bitcoin was created after the 2008 economic crisis. Then, Bitcoin managed to survive the Covid-19 crisis that devastated the global economy and set an ATH in 2021. Although its price experienced a decline in 2022 and 2023, Bitcoin rose again in 2024 and 2025. Yes, Bitcoin is very volatile, and most investors will turn to safer assets when conflict and economic turmoil occur. But if the question is how safe it is, I personally will still save in Bitcoin, although I will shift some to other, safer assets like gold.

When it comes to recovering and setting new ATHs over time, bitcoin isn't the only investment that can do it. If you follow the stock market, you will see that they also get dumped whenever there is global economic turmoil but then they also grow and set new ATHs. Like during the covid pandemic, stocks and bitcoin have a pretty strong correlation as both were dumped when covid hit the economy and only recovered when the government pumped money in.

So are they considered safe assets? I don't think so, stocks are speculative assets, not safe assets. Just because they can recover and grow in the long term, doesn't mean they can be considered safe havens.

Bitcoin has gone through some very defining periods, including those you mentioned. Yet, its value has held up despite its highly volatile nature, and we've now seen its value reach all time highs. I believe that over the long term, Bitcoin has actually performed much better than gold. Both can act as hedges against inflation amidst global economic uncertainty, largely influenced by wars in many countries. Indeed, in times of crisis, most people would prefer gold to Bitcoin.

Without stimulus, without the printer running overtime in a crisis, the vast majority of society would probably face economic crisis that makes 2021 look gentle. That solution works, until it doesn't. Any financial fix piles up unseen side effects over the long term: inequality, financial speculation, the nagging sensation that perhaps money is not as real as we would like to believe

You say bitcoin cannot do what banks do, and that is accurate.  But we want a digital thing to be able to do the same tricks that an institution centuries old does. Bitcoin is not meant to substitute the toolset of the Fed. It is designed as an opt-out, a counterweight, an experiment in trustless consensus. Think of it as the economic version of open-source code: no customer service, but it gives power back to the user who is willing to learn. That changes the psychology of money entirely. Bitcoin will not manage a crisis the way banks do. It does not print money or "save" the system. Instead, it is a lifeboat for those who do not want their value diluted, a bet on self-sovereignty over centralized convenience

The simple reason is that people still see it as a speculative asset, not a safe haven. Although bitcoin is likened to digital gold and has the properties of a safe haven asset like gold.
But we need to accept the fact that Bitcoin has not yet reached that level, so far. Bitcoin will not become a safe haven just because it has the same properties as gold, it needs to prove its value to the world the way gold has proven by surviving world wars and great depressions. Bitcoin needs to prove to the world that it can be a reliable safe haven like gold in an unstable economy, and it will take a long time to do that.

Everything takes time, so don't be surprised if bitcoin isn't everyone's choice and gets dumped in an unstable economy due to geopolitics, war, pandemic...

Well, here's the answer, because Bitcoin can recover, people who already own Bitcoin (not maxis) will sell it first to something safer. After that, when Bitcoin is said to be at a potential lower threshold, they will slowly re-enter the market, and that is a strategy to roll your profits in Bitcoin in cycles.

Speaking of safety, yes, it's safe, but there are vulnerable positions that can be exploited to multiply profits. My hands aren't always strong enough to handle a bloody market, but I can leverage my weaknesses.

Well, Bitcoin is not a "magic pill" that will make you rich in an instant. You need to buy and sell at the right time to make substantial amounts of money. Is it a safe haven? Not yet. Why? Because volatility is still at large, while merchant acceptance remains relatively low. It's going to take decades before BTC receives the same level of trust as Gold. Things are just getting started.

At least, Bitcoin reached massive ATHs with foreign wars in play. That's a good sign. Hopefully, it will overcome Gold in the future. One can dream, right?

Bitcoin was born after the 2008 financial crisis, but ironically, it’s never truly been tested by a full-scale global economic meltdown. Even without such turmoil, BTC has already crashed by 80% four times in its history.

What makes the current situation more fragile is that over 10% of all BTC is now held by corporations — unlike earlier "ideological" whales, these corporate holders might be forced to liquidate during a crisis, dumping their reserves at any price. Tesla already did that.

And then there’s the government factor. Take the UK for example — they’ve been selling off seized Bitcoin holdings, showing that nations, too, will offload crypto quickly if they need to plug budget holes — something that's almost guaranteed in a deep crisis.

So while Bitcoin is often seen as a hedge, its behavior in a true economic collapse remains uncertain.

The fact that Bitcoin has been integrated into the world's financial system, makes it as vulnerable as traditional Fiat. Something Satoshi meant to avoid in the first place. You can already see spot ETFs, Bitcoin-backed national reserves, and even rising centralized exchange dominance as part of the plan to "destroy" Bitcoin. Or at least, control it to a point where no one in the outside world will be able to get access to it (unless you comply with KYC/AML).

At least, you can physically hold Gold and use it offline. You can also use BTC offline, but you'd need to connect to the Internet at some point to finalize transactions. Let's hope things improve in the future.