My Long-Term Investment Case for Bitcoin

Date:

Share post:



My Long-Term Investment Case for Bitcoin

The solution in such a scenario, however, is simple. You need a neutral and mutually trusted asset in between. Gold could serve this role, and has done so historically, but it is inconvenient and expensive to send gold around physically. Oil could also be used, but is not divisible enough and is expensive to store and protect. Lastly, one could imagine small neutral countries like Switzerland acting as intermediaries, but they are likely to come under too much pressure from the larger centers of power. Bitcoin, however, is in many ways designed for the job.



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

BingX EU Secures Austrian MiCA Licence to Enter 29 EEA Markets

Plus500 Plans US Super-App; Investec to Offer IG Platform ...

Two Polymarket Whales Face Off in $500K Seahawks-Broncos Showdown

Key TakeawaysBreakTheBank bought 500,528 Broncos shares at 42 cents, matched against surfandturf’s Seahawks orders.surfandturf paid $290,000 for...