How cryptocurrencies could save us from the next global economic downturn

As it passed this year bouncing amid a thousand uncertainties there was only one certain thing, accredited by market experts, international analysts and central banks: another global economic crisis is around the corner and could invest the markets immediately future, almost certainly before the end of 2021.

In this article, we will try to briefly explain what creates a global market downturn, and why, at the moment, investing in Bitcoin and / or other cryptocurrencies could be a chance to stay afloat during and after the crisis.

Why is this happening?

In a nutshell, economic crises occur for the same reasons that winter and summer exist, because it is the natural succession of events. Universal economic progress is made of the same essence of which life itself is made. I know, all this may seem very philosophical, yet economic "seasons" and in general any universal oscillation are natural phenomena characterized by their own frequency and unpredictable highs and lows. It is the scenario of a cosmic domino effect rather than the result of "bank manipulation" or human greed. And it would be foolish to think that humans have the power to influence cosmic events. The best we can do is prepare for the next season.

Why could Bitcoin and cryptocurrencies save us?

Let's pretend, for a moment, that Bitcoins don't exist. So what are the options we have to secure our savings and / or possibly our tangible assets so that at least they do not lose value, if they really cannot produce profit?

Real estate

Let's be realistic: the latest financial crisis started right from the real estate market! Investing in real estate in times of crisis means buying something that for the next ten or twenty years no one will have the money to buy back.

Gold / oil

Who wouldn't want to add some gold to their wallet, but let's be honest: the question about traditional commodities is that they are already distributed among high-end investors. Gold and oil are already completely "blocked" and there is no future for new levers in this scenario.

Bitcoin

Bitcoin and / or other cryptocurrencies, as well as emerging digital resources are probably the best option for a variety of reasons that will strengthen over time. The world is becoming digital, and owning Bitcoin, a cloud company or a piece of land in a virtual city will soon be worth more than owning real land, paper money and, of course, oil.

During times of uncertainty, those with something to invest will seek a safe haven, and this is the first time they will have something like Bitcoin to rely on. Something that can store and transfer immediately without moving tons of gold from one bank to another, without making millions of barrels of oil travel, without looking for a property buyer.

If all of this doesn't seem to make sense to you, you're probably not familiar with the Internet and certainly with blockchain technology. I hope you enjoy the winter and that you can resell everything you are buying on this global "Black Friday".