What would happen to Bitcoin in a recession and would we continue holding?Bitcoin would become incredibly more valuable in a recession because it is the ultimate store of value. Prices could rise or fall, but Bitcoin will continue being the best asset with global liquidity. #bitcoin #maplebitcoin #bitcoinnews #crypto #investing #realestateinvesting TIMESTAMPS:[00:05] Bitcoin as a hedge against recession: The discussion begins with the question of whether to sell Bitcoin during a recession, with the consensus being a firm "no." The argument is that Bitcoin is precisely what one should hold during such times, as opposed to fiat currencies.[00:36] Concerns beyond recession: The conversation shifts to a greater concern: the potential for governments to print money excessively, making life unaffordable and forcing even Bitcoin holders to sell their assets to cover living expenses.[01:46] The wealthy and Bitcoin: It's observed that those who have accumulated wealth often did so by anticipating market trends and investing in Bitcoin.[02:21] Prices increasing and Bitcoin: The discussion explores how rising prices could lead some to sell Bitcoin, while others, benefiting from increased prices in their own businesses, might accumulate even more.[03:39] Fiat currency trajectory: The inherent structure of fiat capitalist societies leads to a widening gap between the rich and the poor. Bitcoin is presented as a means for the average person to gain influence and power, especially as fiat systems falter.[06:17] Bitcoin's deflationary nature: Bitcoiners understand that prices in US dollars will continue to rise, while prices in Bitcoin will fall.[08:19] Loss of trust in fiat: As fiat currencies weaken, trust erodes, highlighting Bitcoin's strength as a trustless network.[09:45] The inevitable shift to Bitcoin: As more individuals recognize the illusory nature of fiat currencies, a shift towards demanding and using Bitcoin for transactions is anticipated.THIS CHANNEL IS 100% COMMUNITY FUNDED!If you would like to support the channel,1. Lightning -
[email protected]. On-chain - bc1qd5v6875mx55veq6ef6kn6p8sj5k4k2kkduftax3. Sharing the video on your favorite social media platform4. Pressing the like button5. Leaving a comment telling us if you have switched to Bitcoin KnotsCONTACT US:
[email protected] our solo channels hereRajat at https://www.youtube.com/@rajatsonifinanceJor at https://www.youtube.com/@88SATSradioForrest at https://www.youtube.com/@bitcoinnotcryptoBook a call with one of us:Rajat: https://rajatsonifinance.schedulista.com/Jor: https://bitcoinjourney.ca/Forrest: https://www.differentmedia.ca/bitcoin
