I don't agree with these arguments. A lot of people claim that economic crisis would be good for Bitcoin. But then, why the exchange rates remained stable even after the pandemic killed hundreds of thousands of people? Also, I didn't noticed any spike in the Bitcoin exchange rates, during the Cyprus economic meltdown and the Greek financial crisis. BTC exchange rates actually declined back then.
while the economic crisis will also be affected by the movement of bitcoin, although not directly, I strongly agree with the above opinion. in a crisis because a pandemic is very different from an immediate economic crisis, because this crisis befalls all countries and no one can escape it. only a country with a large foreign exchange will be able to quickly recover the economy and not for developing countries or poor countries, that economic collapse will haunt them. many investors hold back because they see the situation of this pandemic, because they are also still confused with the fear of their own condition at the time of this pandemic.
