RE: Would a Global Recession be Good for Bitcoin?

Great choice of topic. This is question that has been bothering me for quite some time already.

I strongly believe that any crisis pushes people to become more aware and "wake up". And with awareness will come adoption.

A tailspin effect would likely occur – people would sell off their crypto to pay for in-real-life needs.

You nailed it! seriously well said.

Preferably, they won’t be people just looking to “get rich quick,” as the opposite reality is more common for people with that mentality.

That's what happen in 2017. To many those kind of "investors".

but if you’re looking to Bitcoin to rescue you from a failed state or economic nightmare, you might be looking in the wrong place.

I believe that the best investment is to develop some valuable skills, get new knowledge and mostly: get to know new valuable people. It's always about who you know and what can you do.

I really enjoyed your publication. Keep up with great work.

Yours
Piotr