Cyclical financial crises and the steady growth of the money supply have eroded the ability to build capital and achieve social mobility. Bitcoin (BTC) is the solution to the loss of purchasing power and downward social mobility. However, individuals must understand the root economic issues to see Bitcoin’s true value as a savings vehicle, according to Natalie Brunell, journalist and author of “Bitcoin is for Everyone.” Brunell is a first-generation immigrant; her family came to the US for economic opportunities, but was negatively impacted by the 2008 financial crisis, she told Cointelegraph. “I didn't understand the financial system at the time, Brunell said, adding that it would take over a decade for her to see that most social and economic problems are rooted in currency inflation and a broken monetary system that eats away at the value of money. She said: Read more
In a recent Cointelegraph interview, Mark Yusko outlined the indicators pointing to a Bitcoin bear market and the forces shaping the road ahead. After an explosive two-year run that pushed Bitcoin to new heights, the tide has turned. In our latest interview, renowned investor and Morgan Creek Capital founder Mark Yusko breaks down why he believes we’ve officially entered a Bitcoin bear market — and why this one may look very different from the brutal winters of the past. According to Yusko, the key to understanding what’s happening now starts with Bitcoin’s (BTC) fair value. Using network-based models such as Metcalfe’s Law, he argues that Bitcoin reached only modestly above fair value during the recent peak — far less exuberant than previous cycles. That alone, he says, suggests any correction we face is likely to be milder. But that doesn’t mean the market won’t feel cold. In the interview, Yusko details the forces pushing Bitcoin downward: a slowdown in new buyers, OG wallets finally taking profits, and he...
Сегодня, 18 ноября, враг более 30 раз атаковал громады Днепропетровской области. В результате ранены семь жителей региона. Также известно о гибели домашних Подробнее