Hello
what will happened with cripto currency if it was world crisis?
wha do yu think?
Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety. With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.
Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.
Crypto's are also far from being mainstream.
The best piece of Bitcoin is that it is autonomous of each and everything identifying with this world. In the event that it is about political emergencies or financial emergency, nothing has finished with the cryptographic money since it isn't possessed by any nation or specialist. It works in its own way with sound and safe condition.
Show Posts
