RATE Group | Will Bitcoin’s True Value Proposition Shine During End of Times Scenario?
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Will Bitcoin’s True Value Proposition Shine During End of Times Scenario?

17 Mar Will Bitcoin’s True Value Proposition Shine During End of Times Scenario?

Posted at 19:31h in Bitcoin News by

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Bitcoin is in big trouble after a historic selloff, and the world may be facing its gravest situation yet in the face of a global pandemic and recession.

With Bitcoin designed to withstand a recession and having certain attributes that make it immune to the current challenges, the world is facing, will the first-ever cryptocurrency’s true value proposition finally shine during what could be an end of times scenario?

Original Cryptocurrency Was Built During Recession, To Withstand Recession

The first-ever cryptocurrency was designed by Satoshi Nakamoto during the wake of the last major economic recession, back in 2008.

Within Bitcoin’s first blocks, lies references to the major bank bailouts occurring at that time. And the cryptocurrency was designed with specific, unique attributes that would make the asset even more valuable, should such conditions ever return.

Related Reading | How Bitcoin Is the Answer to The Questions Everyone Should Be Asking Ahead of Crisis

Now, after just over…

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