“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
-
Bitcoin Treasuries Are Ticking Time Bombs as Leverage Hits Record Rates, Warns Capriole’s Charles Edwards
Key Takeaways Charles Edwards says bitcoin treasuries are “levering up at record rates” on debt-fueled growth.... -
Bitcoin Price Hovers Above $60K As Traders Search For Direction
Bitcoin price started a fresh decline below the $62,500 zone. BTC is showing bearish signs and... -
Tim Draper Says Quantum Will Crack Banks Before Bitcoin
Key Takeaways Draper argued banks face greater quantum risks than decentralized blockchain networks. Legacy systems may...