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Bitcoin Forum > Economy > Economics > What would happen if a major financial crisis hit entire world in a few months
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Doamader
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August 01, 2016, 11:38:09 PM
 #41
Well if this problem really happens bitcoin could be the way to protect our money, but bitcoin need fiat to work out, otherwise price will dump or get pumped by those who own a big ammount of cash online.
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August 02, 2016, 06:20:08 AM
 #42
Quote from: Doamader on August 01, 2016, 11:38:09 PM
Well if this problem really happens bitcoin could be the way to protect our money, but bitcoin need fiat to work out, otherwise price will dump or get pumped by those who own a big ammount of cash online.

For the time being, the bitcoin needs the fiat to work out. When it becomes more popular, it can work independently.
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