Ignore the naysayers, cryptocurrencies and blockchain aren’t going anywhere, this according to one famed blockchain evangelist.

Host of the Bad Crypto podcast Joel Comm spoke with LODE Magazine last week and said it is a good sign more people are learning about cryptos, especially as some analysts are now calling for an economic recession.

“Traditionally, when markets collapse, people go to gold and to precious metals. They move to what is a safe haven. It seems to me more people are becoming aware of bitcoin as an option,” he said.

“I definitely think that savvy investors are going to be looking towards crypto as a safe place for their money.”

Although Comm doesn’t expect a recession to come any time soon, he still thinks investors should be prepared.

“There’s always another recession coming, everything in economics is cyclical. You can’t have a boom without a bust,” he said. “I think we’re going to be due for a recession but is it going to come as quickly as some people are predicting? I don’t think so.”

When it comes to picking cryptos, Comm said he typically likes to pick the ones with the largest market capitalization.

“I like bitcoin but I’m not a bitcoin maximalist. I think that there are other projects that are worthwhile as well,” he said.

To Comm, asset-backed cryptos are one type of digital currency worth exploring further, calling them a “good idea.”

“Backing a crypto by real-world assets is something that makes it tangible and gives it more credibility to people who are looking at it and not understanding the power of bitcoin or blockchain.”

Being the futurist that he is, Comm shared his outlook on blockchain technology and why he doesn’t expect it to disappear.

Blockchain is only at risk if, “the governments of the world were to overregulate but I have a really hard time seeing that happening because so many big businesses are moving into the blockchain space,” he said.

One big business he touched on was Facebook, which has plans to launch its own cryptocurrency called Libra.

“I think Facebook is likely to proceed with their plans regardless of what clueless government officials say.”

However, Comm is not too happy with Facebook’s latest move, calling the tech giant “detrimental” to society.

“I think that they’ve got way too much centralized power and clearly what they’re going after here is to become a world bank,” he explained.

“Facebook wants Libra to become the new currency as we see the inevitable demise of fiat currency, because that’s what fiat currency does, it inflates until it’s absolutely worthless and then it goes away.”

According to Comm, the only positive from this Facebook news is that it brings the crypto conversation to more people that had otherwise been skeptical or uninformed about the topic.

“I don’t want to see the government overregulate because they end up doing more harm than good, but I would like to see some competition in the space so that Facebook doesn’t dominate.”

For those looking to get into crypto mining, Comm has a solution.

The internet entrepreneur, alongside his co-host Travis Wright, has launched a new digital currency called Bad Coin — made for bad computers.

“The goal is to help bring crypto to the masses because you can’t mine bitcoin easily,” Comm said.

“You have to have some high-end gear to make this happen and we have designed Bad Coin so that the slower your processor, your MacBook, or your old Dell laptop, the more likely you are to mine rewards.”