RATE Group | World is in for “Biggest Economic Shock” in Generations
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World is in for “Biggest Economic Shock” in Generations

World is in for “Biggest Economic Shock” in Generations

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It feels as though the past couple of months have marked the end of an era, and one prominent Bitcoin whale is now noting that he believes the world is about to incur one of the biggest economic shocks seen in generations.

This may fundamentally alter the structure and dynamics of society, with attempts being undertaken by governments and central banks across the world to curb the economic decline likely working to compound the problems.

One investor and self-described “economic historian” is explaining that this turmoil is likely to shift the world’s focus onto three assets, potentially proving to be bullish for Bitcoin over a mid and long-term time frame.

Bitcoin Whale Warns Investors to Brace for Waves of Economic Shock 

J0E007 – a prominent Bitcoin whale who can typically be found harvesting massive trading profits at the top of the Bitfinex global leaderboard – explained in a response to a question on Twitter that he believes the world’s current economic situation is…

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