[anonporridge]

> None of it has ever happened before during a recession.

The 2020 Covid crash was a recession. A very short one, but also one of the most severe since the Great Depression. Bitcoin crashed from about $10,000 to $4,000 in the span of 3 weeks, before recovering and peaking at nearly $70,000.

https://www.investopedia.com/articles/economics/08/past-rece...

What might be correct to say is that bitcoin has never gone through stagflation, but that's a terrifying prospect for every person and asset class.