Blockstream CEO Advocates for Bitcoin, Cautions Against DeFi Speculation

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 6 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 37%
  • Publisher: 63%

Cryptocurrency News

Blockstream,CEO,Adam Back

Blockstream CEO Adam Back promotes the benefits of Bitcoin and advises against speculating with DeFi platforms, emphasizing Bitcoin's potential as a long-term store of value.

Blockstream CEO Adam Back has advocated for Bitcoin (BTC) while calling for caution against speculating with decentralized finance (DeFi) platforms. He In a recent post, Back maintained that the benefits of Bitcoin abound and could just be cold stored as opposed to DeFi.

He argues that Bitcoin in itself is viable as an asset with long-term potential as a store of value

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in COİN

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Blockstream CEO Adam Back Issues Bullish Bitcoin ETF StatementBitcoin evangelist Adam Back shares hot bullish takes you want to see
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin & Bitcoin Cash Among Top Crypto Gainers as Crypto Prices Pump: What About Green Bitcoin?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

DeFi Saver integrates Safe to bring account abstraction to DeFiDeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience of DeFi users to the next level
Source: Cointelegraph - 🏆 562. / 51 Read more »