The popular saying in the coin industry recently is' one Bitcoin is one Bitcoin '. The point of this view is that the price of Bitcoin is not important, as the supply is fixed and theoretically, it will play a role in supporting prices in the long term
The popular saying in the coin industry recently is' one Bitcoin is one Bitcoin '. The point of this view is that the price of Bitcoin is not important, as the supply is fixed and theoretically, it will play a role in supporting prices in the long term.
Joshua Lim, former head of derivatives at Genesis Trading, said, "With the significant decline in Bitcoin prices, 1BTC=1BTC is a half joking statement from Bitcoin maximizers. They believe that Bitcoin will eventually become a unit of account, so there is no need to worry about price, just focus on the absolute quantity of Bitcoin we currently own
Ilan Solot of Tagus Capital stated, "Bitcoin is not an inflation tracking tool, it is not an inflation protected bond, and prices do not rise with inflation. Bitcoin is a hedge against the irresponsible printing behavior of the central bank
This article originates from the financial industry
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