“It’s still undoubtedly a volatile, in many cases speculative, in many cases levered, in many cases traded asset,” Baehr said. “But its properties hold promise that, over time, its scarcity, its portability, and its lack of attachment to any government or corporation’s policies make it a really interesting asset to consider as a store of value.”
Related posts
-
Wisconsin adds 447k shares to BlackRock Bitcoin ETF holdings
The State of Wisconsin Investment Board has increased its holdings in BlackRock’s iShares Bitcoin Trust, as... -
Nearly $600M of Silk Road Bitcoin (BTC) Hits Coinbase Prime, But Not Necessarily to Sell the Crypto
The last confirmed sale of Silk Road assets by the government was in March 2023, when... -
US govt sent $594m Silk Road Bitcoin to Coinbase
More Silk Road Bitcoin moved again after a U.S. government wallet sent 10,000 BTC to Coinbase....