Bitcoin: Is It a True Store of Value in a Recession?

LeoFinance
1 min readMar 14, 2020

--

Bitcoin means different things to different people. For some, it’s a hedge against local governments, corruption and hyperinflation.

For others, it’s a new-age currency of the future. Something that we can speculate on and potentially see massive upside as an investment vehicle and storehold of wealth.

Many in the space have said that Bitcoin is also a hedge against a recession where fiat printing goes through the roof and traditional markets are slammed by an economic slowdown.

Now we are in a recession and we are seeing the true colors of all these markets come out. Bitcoin is less so a hedge against a recession and more so a sound money in a time of unsound financial principles in traditional markets.

Full Episode & Show Notes:

Our Community:

https://steemleo.com is an online community for crypto & finance content creators where content is stored immutably on-chain and rewarded with the LEO token economy.

Learn more about us at https://steemleo.com/faq.

--

--

LeoFinance
LeoFinance

Written by LeoFinance

A tokenized online community for investors, powered by blockchain technology. Join, discuss & earn crypto. Send an @ Tweet and we’ll help you setup an account

No responses yet