jack mallers
· 93w
Does Bitcoin perform well during crisis? Yes.
Once again, Bitcoin was available when nothing else was. Bitcoin is the only 24/7 free market we have left.
What's the "intrinsic value" of that? Ask t...
How tradfi can be quite ill-equipped in crisis situations. A case that comes to mind is the start of the Russia Ukraine conflict. When Ukrainians outside their country were not able to access their ATM and debit card accounts on the onset. And, a lot of Russians outside Russia found that they had also lost access to their accounts due to the sanctions imposed later on. Bitcoin and crypto were usually the only things they have, that they can rely on for their financial needs.
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