Opinion: Bitcoin is becoming more and more popular as an alternative financial system

Today, Global Macro Investor and Real Vision Group founder Raoul Pal pointed out in Twitter that global financial markets and currencies are in a very vulnerable position. Pal claims that as the dollar appreciates at an uncontrollable rate, we can see that all major Asian currencies have fallen by 20% or more. He added that Bitcoin is becoming more and more popular as an alternative system. Analyst company Messari co-founder Dan McArdle commented that bitcoin performance may be similar to gold performance between 2008 and 2011. He added that Bitcoin may initially surge due to concerns about the crisis, and as the liquidity crisis begins to fall sharply, it will eventually rise even more as real debt, sovereignty or exchange rate concerns dominate.