Erkan Öz: “Bitcoin and Commodities Will Value With The Biggest Crisis in World History”

The guest of the Cryptometer program organized by BTC Türk, hosted by Ebru Baki and attended by BTC Türk CEO Özgür Güneri, is the author of the book “2020 New Economy ‘Great Crisis, Great Opportunity'”, journalist Erkan Öz Bitcoin and He talked about the future of cryptocurrencies.

Associating the reason for the economic problems experienced in developed countries today with the sociological processes that cannot follow the developments in the economy, Öz talked about the fact that national currencies, which were completely tied and limited in the beginning, deteriorated in this process.

“The dollar has so far been crushing banks and other currencies.. This will continue until 2019, but there may be problems in major economies in 2019 and Bitcoin will continue to appreciate against the dollar in the future.. As people rush for solid money, Bitcoin will continue to rise.”

Oz also said that among existing cryptocurrencies, Bitcoin is the strongest crypto currency in terms of both brand value and security level.

The massive fluctuations in bitcoin prices over the past decade have only been seen in the tulip bubble before.. They attributed the reason for these fluctuations to the high energy in the classical economic system.. According to Öz, Bitcoin seeks its fair value (fair price), and such fluctuations seem normal in this process.. “These fluctuations will continue until we find the fair price, and I think the fair price is way above the current price,” said Öz. stated that it will benefit Bitcoin in the long run. In addition, Güneri mentioned that the economy has reached very different dimensions today:. This shows that volatility now has a permanent place in our lives.. In other words, these fluctuations in Bitcoin are not very unusual, even at a level that can be seen in every market today,” he said.

You can watch the entire program here.

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