Cryptocurrencies and the global recession

Dr Justin Pyvis Dr Justin's picture

The cryptocurrency boom of 2017 bust in spectacular fashion (as we predicted), with many coins down nearly 70% from their peak. But that doesn't mean cryptocurrencies should be cast aside and ignored. To the contrary, now that the mania has passed and prices are coming back down to Earth they deserve more attention than ever.

In our latest special report, 'Cryptocurrencies and the global recession', we reiterate why a global recession is likely to hit in the next 12 to 18 months, before highlighting the role cryptocurrencies have to play in the aftermath. In a world where debt-fuelled asset prices are making value investments hard to come by, the right cryptocurrency can still be considered low-hanging fruit. While at current prices they may seem a bit rich, when the global recession hits and the fresh memories of the recent bust are thrown into the mix, the low-hanging cryptocurrencies will practically fall to the ground.

Critics of cryptocurrencies are both vocal and plentiful. But so were the critics of electricity, colour TV, computers, planes, and even the humble washing machine. Time has proven all of them wrong, and the same will be true for cryptocurrencies and the disruptive, transformative role they have to play in the future of a multitude of industries.

“The mind likes a strange idea as little as the body likes a strange protein and resists it with similar energy. It would not perhaps be too fanciful to say that a new idea is the most quickly acting antigen known to science. If we watch ourselves honestly we shall often find that we have begun to argue against a new idea before it has been completely stated.” – Wilfred Trotter, 1941

Stay on top of the cryptocurrency scene with this special report, because when creative destruction comes to town, it doesn't mess around.

The report includes the following sections, contains 4,760 words, 9 figures and 2 tables. It is available for download instantly in PDF format (~945.9KiB) upon receipt of payment.

  • Cryptocurrencies and the global recession
  • The global recession
  • They are flawed, but cryptocurrencies are the future
  • It's not just a passing fad
  • The naysayers
  • There’s more to it than the coins themselves
  • The rise of the altcoin
  • Ethereum
  • Bitcoin Cash and Litecoin
  • Ripple and Stellar
  • EOS, Cardano and IOTA
  • Tether
  • Wrapping up

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