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by contrarian_ 3088 days ago
Bitcoin crashes at least as hard as the economy in times of downturn. Probably harder.
1 comments

A global downturn, yes definitely, but BTC will probably not be affected by a crash (or hyper-inflation) of a small-ish economy.
But what's the advantage over directly buying Dollars or Euros?

A very good use-case for cryptocurrencies is taking money out of countries with strict capital control, like China. But obviously, such governments are also quite authoritarian and will not have problems blocking a cryptocurrency if they see fit.