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RE: The Bitcoin Mining Chamber. Sitting on a "Gold Mine"...

in LeoFinance2 years ago

The economic crisis and the war makes some people look for safe heavens and others for ways to make money faster than prices rise. While crypto may or may not be a safe heaven at this time, it certainly has the potential to outgrow the rampant inflation we see all over the world. So, I believe this will be a driving force to crypto adoption.

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For the moment it isn't really a safe heaven.

Posted using LeoFinance Mobile

No it isn't in the traditional sense of the safe heaven meaning. But if you think of it as funds that travel with you wherever in the world you go, as long as you have your keys and internet access, some of them out of the reach of controlling entities, then maybe it is a sort of safe heaven, just not necessarily in a sense of keeping their value while everything else goes down.