downturn bitcoin Archives - Anuj Varma, Hands-On Technology Architect, Clean Air Activist https://www.anujvarma.com/tag/downturn-bitcoin/ Production Grade Technical Solutions | Data Encryption and Public Cloud Expert Tue, 30 Jul 2019 15:11:11 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.anujvarma.com/wp-content/uploads/anujtech.png downturn bitcoin Archives - Anuj Varma, Hands-On Technology Architect, Clean Air Activist https://www.anujvarma.com/tag/downturn-bitcoin/ 32 32 The Coming Recession and Bitcoin – 2019 https://www.anujvarma.com/the-coming-recession-and-bitcoin-2019/ https://www.anujvarma.com/the-coming-recession-and-bitcoin-2019/#respond Tue, 30 Jul 2019 15:11:11 +0000 https://www.anujvarma.com/?p=6148 Flight to quality stocks and non-stock assets (real estate, gold…) are typical during an upcoming recession. We see that now, with folks like Warren Buffet effectively ‘in cash’ – i.e. […]

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Flight to quality stocks and non-stock assets (real estate, gold…) are typical during an upcoming recession.

We see that now, with folks like Warren Buffet effectively ‘in cash’ – i.e. sitting on the sidelines waiting for the correction to hit.

I’ve written before on why Bitcoin is serving as a part replacement for Gold (and why BCH may make a dent in the ‘payment currencies’ like the USD).  If you believe that Bitcoin also constitutes a store of value (like Gold), chances are high that BTC will rise as the stock market corrects.  

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