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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Tuesday, February 7, 2023

Crypto In Difficult Times, Like Currently


Bitcoin and other cryptocurrencies are a very young asset class, less than 10 years old.

Crypto has never been tested in war times or create recession.

I personally think Bitcoin and cryptocurrencies could flourish in war times or during severe economic hardship.

I doubt that the internet will stop functioning during a war. The internet actually is one of the main conduits of war in contemporary times.



If the internet stays alive, people can transfer wealth via Bitcoin and cryptocurrencies. Bitcoin in times of crises could actually come to epitomise to a large extent the financial system as we know it.






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