Crypto & The Economy
Bitcoin Has Come Full Circle — What The Next Recession Means For Cryptocurrencies
Fed up with greedy bankers, the anonymous Satoshi Nakamoto created the world’s first blockchain-based digital currency to put financial freedom back into the hands of the people
Bitcoin was born in the aftermath of the last global recession.
In 2009, the world was in the throes of a global financial crisis. Banks were failing, businesses were shutting down, and people were losing their homes. The stock market was in free fall, and there was a real sense of panic in the air.
In the midst of all this, a mysterious person or group known as Satoshi Nakamoto released a white paper outlining a new digital currency that would later come to be known as Bitcoin.
Bitcoin was born amid crisis, and it has often been likened to digital gold.
Just as gold is a safe haven asset that people turn to in times of economic turmoil, Bitcoin is seen as a way to protect one’s wealth from inflation and financial instability.
And since Bitcoin’s inception, a lot has changed in the crypto industry. So, how will Bitcoin and other…
