What Can Possibly Replace Bitcoin In Futuristic Terms | Inflation
Well an analyst and also a trader who predicted the 2018 bitcoin market crash is at it again with he’s interest at the primary coin Bitcoin, he is saying that Bitcoin purpose is underutilize as regards what is been said about the token.
In an online session Peter Brandt who told the audience siting that numbers of bearish market in which the bitcoin has suffered over the years, that even if he’s a big time supporter of bitcoin he said he’s see more bitcoin as less of investment. In he’s words which he also says that he doesn’t consider Bitcoin as an a solution to inflation or more as a store value, and it spoke about the gradual acceptance of bitcoin.
“Bitcoin is NOT a hedge against inflation nor is it a store of value. It is pure speculation – but a really great reward to risk speculation at that…[BTC is] Pure speculation, but likely to be outstanding over the long term because:People accept it, Hack proof (for now), Transferable, Limited supply.”
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