In an interview with Daniela Cambone, Bloomberg Intelligence Senior Analyst Mike McGlone states that excess volatility is oft-cited as a Bitcoin issue— which he calls a great misconception.
“We see it as normal for a potentially revolutionary asset on a trajectory to match gold’s risk measures by about 2024,” McGlone explains, adding this is also the timeframe for the next Bitcoin halving.
“Backward-looking volatility metrics fail to consider a primary component of Bitcoin’s future – fixed supply – that’s a volatility headwind, notably versus gold.”
you may also be interested in
Bitcoin's Lightning Network, Simply Explained In this Video
Watch this video to understand what Lightning Network is and how it will allow Bitcoin to scale to levels that compete with current payment networks.
Jesse Shrader from Amboss Tech talks about their new product Rails
Rails allows people to earn a yield on their Bitcoin locked up in Lightning Payment channels and earning transaction fees and renting out liquidity.
ETHFINEX Referral Code HH0T6XEFix
Use the ETHFINEX Referral Code HH0T6XEFix To Sign For To An Account
FSCA Issues A Crypto Health Warning
As the popularity of cryptocurrency increases, SA’s regulatory body issues a public warning.
Buy Bitcoin From Localbitcoins
The world’s largest peer-to-peer bitcoin marketplace
Cryptocurrencies & Bitcoin On Last Week Tonight with John Oliver
Digital currencies are generating a lot of excitement. John Oliver enlists Keegan-Michael Key to get potential investors equally excited about the con…
