Is Bitcoin a Risk-On or a Risk-Off Asset? Maybe It’s Neither


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As such, it’s in all probability extra correct to check with bitcoin as an aspirational retailer of worth. Sure, a borderless, permissionless, uncensorable, sound financial system-of-value switch with a predictable financial coverage is theoretically an amazing retailer of worth, however till that narrative penetrates greater than 100 million folks, the opposite 7.8 billion folks received’t view that system as a retailer of worth, and that narrative will prevail. For now.

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