The talks of the next global economic recession are catching fire as experts after experts are predicting that the formidable recession is approaching soon. Apparently, almost every prediction entrusts alternate investments such as cryptocurrencies to grow as a result. The ShapeShift CEO, Erik Voorhees echoes a similar sentiment as he states that the rapidly growing level of US debt will lead to a major spike in the price of Bitcoin and other cryptocurrencies.
Voorhees believes that the increasing level of US debt will cripple the economy and this bring upon an increase in cryptocurrency investment. He stated:
