As the world deals with inflation and growing concern over a potential recession, what role will crypto have during an economic downturn?
are being developed at an exponential speed. The tremendous economic impact of cryptocurrencies on the global economy cuts through sectors across national boundaries and goes beyond what was impossible not that long ago. positive impacts of cryptocurrency
of BTC and its decentralized nature have been believed to contribute to the increasing value of readily available BTC and those yet to be mined over time. The alternatives matter, too. Some may choose to only involve themselves with well-backed stablecoins. And, whether cryptocurrencies are valid ways to flee from rising inflation depends on if one considers them true alternatives to monetary policy. A BTC maximalist may argue that allowing for a non-fixed money supply, post-1971 and certainly post-2008, has proven to not match the needs of a real economy.
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