The financial repercussions of the coronavirus pandemic is very difficult to predict. Some people expect a major insolvency cascade to take place, eventually forcing people in the direction of Bitcoin and other crypto assets. Various banks and governments are scrambling to keep their economies afloat. Coronavirus may Force People to Embrace Bitcoin That is easier said than done, given the current market conditions. The coronavirus crisis may have major repercussions, according to former Goldman Sachs fund manager Raoul Pal. He expects there to be major insolvency in the coming months, capable of potentially destroying economies in the process. Gauging the
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