Genesis Mining: If Economic Crisis Deepens Bitcoin Will Shine as the New Gold
Cointelegraph
Published Mar 20, 2020 09:00PM ET
Updated Mar 20, 2020 10:40PM ET
Philip Salter, head of operations at Genesis Mining, believes that economic meltdown may lead to a growing value for Bitcoin as a hedge against the banks.
In the last couple of weeks, there has been a lot of turmoil in the Bitcoin world. There was a rapid decline in hashrate, followed by an even more precipitous price drop. This was particularly troublesome in view of the impending halving.
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Written By: Cointelegraph
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