Tagged: store of value

Bitcoin Is Evolving into Reliable Long-Term Store of Value, Payments Use-Case Not as Important After 18 Years of BTC Adoption 

Bitcoin (BTC) has evolved considerably during the past 18 years to become a global asset class valued at more than $1 trillion (peaking at over $2 trillion). Despite calls for making Bitcoin a more consumer-friendly digital currency that businesses can easily accept for payments, the… Read More

World’s Largest Asset Manager BlackRock to “Dabble” in Bitcoin, while Some Analysts are Still Comparing BTC Market to Tulip Mania

Bitcoin (BTC), the flagship cryptocurrency, keeps surging to all-time highs.  On Wednesday (February 17, 2021), which was just a day after the digital asset surpassed the $50,000 mark, the crypto had again set a new record above $51,000. Bitcoin is trading at around $51,490 at… Read More

Bitcoin Is a “Speculative” Asset, Facebook led Libra Stablecoin or Payments System may be Useful for Transactions, Former RBI Governor Says

Bitcoin (BTC) and the controversial Facebook-led Libra stablecoin or payments project might  play a key role in a world where reserve banks are beginning to issue their own digital currencies or CBDCs, according to Raghuram Rajan, former governor at the Reserve Bank of India (RBI)…. Read More

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