{"id":417240,"date":"2020-03-06T19:00:02","date_gmt":"2020-03-06T19:00:02","guid":{"rendered":"https:\/\/wncen.com\/?p=417240"},"modified":"2020-03-06T18:47:31","modified_gmt":"2020-03-06T18:47:31","slug":"bitcoin-crisis-gold-recession-questions-fiat","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-crisis-gold-recession-questions-fiat\/","title":{"rendered":"How Bitcoin Is the Answer to The Questions Everyone Should Be Asking Ahead of Crisis"},"content":{"rendered":"

A number of factors and metrics point to a potential economic meltdown looming just around the corner. With disaster possibly inbound, there are a number of questions that investors and even the general public should be asking ahead of crisis coming to a head \u2013 questions that Bitcoin<\/a> is the common answer to.<\/span><\/p>\n

The Man Who Called the Last Financial Crisis Poses Critical Questions<\/h2>\n

You probably have heard the name Peter Schiff<\/a>, notably for his negative comments towards Bitcoin and cryptocurrency.<\/span><\/p>\n

Love him or hate him, though, he accurately nailed a prediction<\/a> that the housing market would bring forth a recession back in 2008.<\/span><\/p>\n

Related Reading | The Coronavirus May Be The Best Reason Yet To Own Bitcoin\u00a0<\/a><\/strong><\/em><\/p>\n

That recession, and the various bank bailouts, is partially what prompted Satoshi Nakamoto to create Bitcoin<\/a>.<\/span><\/p>\n

The first-ever cryptocurrency\u2019s origins are so heavily steeped in recession, a headline from The Times referencing key moments during the recession<\/a> can be found in the earliest block added to Bitcoin\u2019s chain.<\/span><\/p>\n

Schiff is back at it once again, making headlines for what he calls a stock market bubble bursting<\/a> and what may ultimately become the worst recession the world has ever witnessed.<\/span><\/p>\n

In response to chaos hitting financial markets<\/a> and fears spreading rapidly, the pro-gold supporter has posed a number of questions he recommends investors and the rest of the population must ask themselves to better prepare for the coming crisis.<\/span><\/p>\n

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Here are the questions everyone should be asking. What happens when the U.S. dollar crashes? What happens to Treasuries when the dollar crashes? What happens to corporate bonds when Treasuries crash? What happens to the stock market and the U.S. economy when interest rates soar?<\/p>\n

— Peter Schiff (@PeterSchiff) March 6, 2020<\/a><\/p><\/blockquote>\n