If the world economy severely deteriorates, would it cause bitcoin to rise faster than it would otherwise?
Firstly, I'll say I belive bitcoin is going to the moon and it's not a matter of if but when. In just looking for general thoughts on what these uncertain economic times could mean for bitcoin. It seems like most of the world is going to see the effects of a major economic downfall in the near future, as soon as the effects of covid really take their toll. Do you think they will print more stimulus money to keep evening afloat for a little while longer? (I know I'm not the only one who would immediately trade another stimulus for bitcoin, which would be great for bitcoin). Do you think that bitcoin will detach from the economy at a staggering rate at some point and could be triggered by a near economic collapse? Or do you think bitcoin will likely continue to slowly rise and take at least 20 years to reach its full potential regardless of the economy? Or is it possible that if the economy were to go down that bitcoin would go down with it?