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The Block The Block @theblock · 77 subscribers
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The unique global financial situation and what role Bitcoin will play here.

The unique global financial situation and what role Bitcoin will play here.

The world economy is in crisis. National currencies become cheaper(Euro/dollar, GBP, JPY).

These are not even the worst examples. There is much worse, the Turkish Lira (TRY), and the Venezuelan Bolivar (the currency has fallen in price by tens of thousands of percent),

all this can happen to the national currencies of all countries. It is the moment when the national currency will cause fear and concern. People start to migrate to other assets.

Many economists predicted during COVID 2019 that real estate would collapse, but real life effect is opposite.
People will go to the assets that do not lose value.
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