Referred to as "Bitcoin Jesus," one of Bitcoin's earliest investors, Roger Ver, is among those in the camp that believes stringent home lockdowns to combat the Covid-19 pandemic will cause more harm than good.
A world wide Great Depression caused by locking down the world’s economy will kill more people than #COVID2019
— Roger Ver (@rogerkver) April 4, 2020
Ver is considered the co-creator of Bitcoin Cash, which was up 10% Monday in trading to $256.00.
He's not alone in his assessment of the potential economic damage such lockdowns might cause.
Psychotherapist Sheri Serife Ucar and Bitcoin Cash advocate Sheri Serife Ucar agreed with Ver, warning that a depression is possible and many will not survive such an economic collapse.
Yes, Covid-19 will potentially kill high-numbers-fast. The depression that follows will likely kill-more-people-slowly-and-silently. We will less likely have a national countdown like we have now on TV's across the globe. It's a sad and depressing reality.
— Sheri Serife Ucar (@SheriUcar) April 5, 2020
Meanwhile, markets across the globe have reacted to some good news that daily death tolls associated with Covid-19 in some European nations appear to be on the decline.
The Dow was up nearly 1300 points. Bookmaker.eu had the Dow favored to close OVER the 22250 mark at -130.
- Aaron Goldstein, Gambling911.com