New class of assets
For those thinking of Bitcoin as a store of value, recent days have surely been enlightening as your assets evaporated as fast as ice in the Sahara. So much for a hedge—turns out it’s merely a speculative plaything without any real intrinsi
For those thinking of Bitcoin as a store of value, recent days have surely been enlightening as your assets evaporated as fast as ice in the Sahara. So much for a hedge—turns out it’s merely a speculative plaything without any real intrinsic value, reliant entirely on our collective narrative and imagination. It’s just the very first crypto assets class with all first-mover advantages, with very limited decentralized capabilities. But hey, someday we’ll see asset classes with true intrinsic value. Keep your eyes open!