Welcome to the Recession

How will Bitcoin and crypto take it?

The number is here.

For weeks it seems like anticipation has swirled. The second quarter GDP (gross domestic product) number is here, and it’s…bad.

The US economy shrank .9 percent last quarter. That’s just shy of 1 percent, and comes on the heels of a 1.4 percent shrink in Q1.

We are officially in a recession.

The powers that be haven’t wanted to admit …