Black Swans Analysis in Scenario Planning

(Strategies for Responding to Unexpected Events)

Abstract

This paper examines the impact of the "Black Swan" concept on scenario planning in the field of cryptocurrency, with a focus on strategies for responding to unexpected events. The research aims to highlight how unforeseen events affect the global financial system and how to manage these events effectively.

The paper indicates that the "Black Swan" concept refers to highly impactful, unexpected events, which can include sharp market fluctuations, cyberattacks, and sudden regulatory changes in the context of cryptocurrencies. It emphasizes the importance of developing flexible scenario planning strategies that include multiple potential scenarios, continuous market monitoring, and the creation of adaptable and resilient response strategies.