Bitcoin Will Create a New Economic Elite in 2020

As many economies slowly begin opening up again, their stability remains uncertain. ​2020 will go down in the history books as the year financial markets suffered their worst day since 1987 and oil’s value went negative​ for the first time.

Bitcoin (BTC) continues to increase in popularity across the globe, particularly as ​emerging markets ​with populations counting billions begin to recognize its potential. The asset has proven extraordinary resilience in the worst economic crisis of our living time — even overtaking gold as the ​best performing asset​ of 2020.

The COVID-19 pandemic has pulled the breaks on the world economy, with the United States Federal Reserve — the world’s most powerful central bank — being left with no option but to print unlimited money from their magic money tree. The damage is estimated to cost at least​ $1 trillion​, its flow-on effect causing​ ​widespread unemployment​.

The crisis won’t be over when the pandemic is, and…