Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Becoming the New Market Hedge?
by
HanaBin
on 06/10/2018, 03:40:30 UTC
In the last few years, bitcoin has had an open market value. I think another reason behind this is the development of the cryptographic community. Yes, as we all can testify, I think Bitcoin has stayed long enough and it has passed most of the successful trials while it is still alive despite its many obstacles and critics. Bitcoin serves all functions required to become a hedging asset. Bitcoin really has many characteristics to become a hedge. "Bitcoin can not be used as a barrier or storage value in a market where Fiat and Crypto come together in such a booming way." As deflation and network effects become an old story for these newcomer."