RATE Group | Bitcoin advocate: Cryptocurrency market will crash ‘hard’ post-financial crisis
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Bitcoin advocate: Cryptocurrency market will crash ‘hard’ post-financial crisis

05 Jan Bitcoin advocate: Cryptocurrency market will crash ‘hard’ post-financial crisis

Posted at 04:24h in Bitcoin News by

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Bitcoin aka the digital gold is usually lauded as the cryptocurrency that’s going to end up as the “safe haven” for not just any financial crisis, but also for rising geopolitical tensions around the world. There have been several instances where political events have contributed to mini bull runs and improved price performances for Bitcoin. The latest was the assassination of the commander of Iran‘s Quds Force, Qasem Soleimani, an event that could potentially lead to war.

However, the key crisis that could lead to Bitcoin taking the throne as a safe haven asset is a financial crisis, with the stock market seeing a much bitter fate than that of the 2008 crash. The fate of Bitcoin in such a scenario was one of the topics discussed by Andreas Antonopoulos, the author of Mastering Bitcoin, in an interview on WhatBitcoinDid.

Antonopoulos was asked about how big the bubble is going to be and how bad the crisis could be if the bubble pops, and Bitcoin’s role in…

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