03-16-2020, 09:35 PM
(03-16-2020, 08:29 PM)Exclusive Wrote:bitcoin is not a recession hedge, it is an inflation hedge. when people need to raise $ they will sell assets just like gold in 2008. we will get through this b/c the fed is engaging in unprecedented QE and will do so over the next months, that is the bullish case.
That's all and well but if things get worse (which is hinted at by the fed) then bitcoin is going to struggle severely