Many economist are predicting a crash soon. Even if it doesnt happen soon, we know from history that the crashes happen about once a decade so it will only be a matter of time. What are your predictions for crypto? I haven't really seen it being mentioned much in these reports or articles but i think we might be in a world of hurt.
Obviously, the price will go down hard but it doesn't mean its the end of crypto. Might take months or year to recover though.
-I'm talking about a crash on the banks and fiat and the effects it will have on crypto. Which now that i'm thinking more about could be very beneficial to crypto. I'm still not sure how things will turn out, but I'm now going on the side of uncertainty than just doom.
Its going to be another global disaster. The last time we have such incident is 2008. It's gonna be hard but we can all survived it. I have a theory that crypto will be a test if its really a good hedge for economic disasters as most of us have been arguing for years. There are few isolated incidents though, one in Venezuela and the other is Zimbabwe and it was reported that crypto specially bitcoin somewhat help them hedge their well on crypto as store of value. So let's see.
