Meanwhile, the CEO of cryptocurrency derivatives trading platform Bitmex, Alex Hoeptner, said in October last year thatScaramucci recently doubled down on hisof $100K. He also believes that the crypto could reach $500K a coin in the long run.
In addition, he expects more than a billion wallets to hold bitcoin by the end of 2025, and the number ofWhen it gets there, then I think as a mature asset, we could have a conversation about whether or not it operates as an inflation hedge. Scaramucci has said several times recently that he does not see bitcoin as a hedge against inflation yet.
The idea of whether bitcoin is a good hedge against inflation has been a hot topic among investors and fund managers. In March last year, Bank of America said, “Bitcoin has not been particularly compelling as an inflation hedge.” In June, Goldman Sachs said that bitcoin is an to copper, not gold. The investment bank previously described bitcoin as “the retail inflation hedge.”
Watching these predictions is a perfect way to weed out all the BS'ers
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That's because the Skybridge Capital founder is an idiot, trying to sell his own book Bitcoin is yesterday's news, and it's going to Zero, because it excels at not a SINGLE Use Case. Not even ONE Long-term: - Monero for censorship resistance - Nano $XNO for currency/inflation
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Good news, I would like the same for Tether.
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bitcoin will be used by many Latin American countries as a legal tender over time, not just E: Salavador, but Other countries
It would be great if they’d only accept Btc as payment for things they export.
It’s o we BTC is trash never invest in crypto it’s all trash
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More and more countries are implementing Bitcoin.
That is great
'Bitcoin will be used by many Latin American countries as legal tender over time, not just El Salvador, but other countries.'
That’s fact and with time it will also be adopted by the rest of the world and use as a legal tender everywhere, while we wait for that to happen, it’s wise to follow traders like CryptoMarkwill to get more analysis and updates on Bitcoin
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