The unprecedented spread of COVID-19 has been a harsh wake-up for many. In addition to its imminent threat to certain risk segments, the virus opened our eyes to the fragility of our centralized infrastructure. Those associated in decentralized systems, like bitcoin, have probably gone through this thought process before: Decentralized structures are more robust than centralized, advantages of diversification, etc. On these grounds we summarized seven upcoming paradigms shifts and why we are, more than ever, bullish on digital assets.
While we’ve seen recessions and pandemics before, the indelible uncertainty on future is what really sets COVID-19 apart from previous events. Exempli gratia, the 2008 financial crisis saw a relatively quick V-shaped recovery, mainly propelled by the monetary easing measures of FED. By some analysts, post-corona recovery might be U- or even L-shaped. The escalating uncertainty is summarized by World Uncertainty Index (WUI), charted beneath. WUI indicates level of uncertainty (392,15) not perceived since the second world war.
The World Uncertainty Index is computed by counting the percent of word “uncertain” (or its variant) in…
