As calls for a global recession grow many wonder how will Bitcoin perform in a major recession? We break down the multiple approaches and opinions as well as learn how these cycles come to be from Ron Paul, the effects fiat money has on human behavior from Saifedean Ammous, and how Bitcoin will perform in a recession from Lyn Alden. How will Bitcoin perform in a recession, is it recession-proof?!
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Sauces
► Will Bitcoin Go Up in a Recession? from Austin Technology Council: https://www.austintechnologycouncil.org/will-bitcoin-go-up-in-a-recession-everything-you-need-to-know/► IMF Head Warns Of Collective Recession, How It Could Impact Bitcoin: https://bitcoinist.com/imf-recession-how-it-could-impact-bitcoin/
► How will bitcoin be impacted by a recession: https://youtu.be/M5U0OboQtQ8
► Ron Paul Clip: https://twitter.com/braaadshawtv/status/1611000717568794625?s=20&t=4VeWIS78F2dI3SfM8zek9Q
► #85: Saifedean Ammous - The Fiat Standard and the Reversal of Civilization: https://youtu.be/dVZU9fimQfA► Augustin Carstens clip: https://twitter.com/Ben__Rickert/status/1192769363415195653?s=20&t=bzzSwcq3_5vLae8RvejiTQ
► How Fiat Works Clip: https://twitter.com/AaronRDay/status/1421851785925365774?s=20&t=RoIAGk9ESY8yaEUjWrs-qg
► Deterioration of San Diego clip: https://twitter.com/EconomicCN/status/1615820212988968960?s=20&t=-VKlyiGrgA1tf-PIZilZow
► TBain Chancellor on Brink of Second Bailout for Banks: https://twitter.com/blockbain/status/1335390783919284227?s=20&t=-gO7svZ7MivTQmNgfHpyeQ
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