Well it won't necessarily effect the price of Bitcoin in general, just the price against the US dollar. So those of us in the US would have a much better time with the recession.

But about your speaking of the US dollar crashing, the FED wouldn't just sit idle and watch the dollar crash and burn. They would lower the discount rate and reserve requirement to encourage bank borrowing and loaning to the public, they would also buy more OMOs to get more money in circulation. If we got ourselves into a situation in which we experience stagflation (like the 1970s) we would have to switch to supply-side economics and rely on companies trickling down.

I can promise you one of two things will happen if the price of bitcoin rises:

1. Somebody comes up with a solution to save people money and give fair transaction fees, and that person will make a load of money

or

2. Bitcoin fails because people don't want to pay that much money for transaction fees.

imho the first one will become reality, because I am fairly certain more people want Bitcoin to succeed than fail (or rather those that want it to succeed have more power to make it succeed than those that want it to fail have the power to make it fail)

channel: https://www.youtube.com/channel/UCMeqJrHERNE9hL_nPnwiTeA
address: 18eo7k7hJ4PmpVdAJvrvQv51ftuXUN5Svs

I am really liking this app, it literally has everything that I need in one freaking place. Good job! Will hopefully be using for a long time!!!

username: suredoood
id: 5365767

Can confirm. This guy is legit and does pay. It's a pretty good site too.

Thanks for the payment!

12sZ8X7E8W8Vnm2WyF4BiqTdpZw1aJ4ouR