200 sats \ 0 replies \ @nerd2ninja 15 Jun 2022 \ on: Do you think decoupling could happen during this recession? bitcoin
A decoupling event will occur when two conditions are met:
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There are enough Bitcoin businesses to act as a financial lifeboat for no coiners
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Either inflation or depression become unbearable
The combination of these two peices will result in the rejection of Bitcoin as a more obvious blow to personal finances than is currently understood, but I believe that one without the other will not have the effect people might be expecting. I think right now we're in a time when people could be suffering from inflation or an economic callapse and still do whatever is neccesary to support the current system. Be it driving an obviously inconvient truck full of cash to buy bread, or begging politicians for more inflation in the case of a crash.