How safe is Bitcoin in the world's economic turmoil?

[bangjoe]

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.

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.

[WillyAp]

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

[Marvell1]

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.

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.

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?

[Hanadawa]

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.

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.

[free-bit.co.in]

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.

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.

[imamusma]

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.

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.

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.

[slapper]

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.

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.

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?

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

[BALIK]

Indeed, in times of crisis, most people would prefer gold to Bitcoin.

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...

[bangjoe]

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.

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.

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.

[Abiky]

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.

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?

[Alpen]

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.

[Abiky]

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.