Accéder au contenu principal

Bitcoin: Appeal And Global Unrest

Bitcoin (BTC) has long been touted as a hedge against economic turmoil, and recent global unrest is putting this narrative to the test.

Analysts suggest that Bitcoin’s value proposition becomes increasingly evident as geopolitical tensions escalate. 

In a world where not all countries possess a currency as robust as the US dollar, the top crypto emerges as an alternative store of value and a shield against economic uncertainty.

BTCM Chief Economist Youwei Yang emphasized the cryptocurrency’s user-friendliness, stability, and global accessibility, especially in regions marred by political conflicts and sanctions. 

“The more unrest and uncertainty in the world, the more value bitcoin demonstrates. It’s a sad truth,” Yang states.

For those who are uneasy about relying too heavily on the US dollar and its economic policies, BTC offers a compelling alternative.

Bitcoin’s Safe Haven Appeal Gains Prominence

While Bitcoin has recently traded within a tight range around $27,000, traditional financial markets have shown signs of distress.

Key indices like the Dow Jones and the Russell 2,000 have retreated sharply, reinforcing the argument that Bitcoin functions as a reliable hedge against market volatility.

The current BTC price, as reported by CoinGecko, stands at $27,963.10, marking a 4.0% gain over the past 24 hours and a 0.3% increase over the past seven days.

Bitcoin approaches the $28K level today. Chart: TradingView.com

Alpha Coin’s Role In Hedging Against Currency Debasement

Bloomberg crypto market analyst Jamie Coutts predicts that Bitcoin will be among the primary beneficiaries of an inevitable return to currency debasement by the US government.

Coutts makes this assertion on the social media platform X, underlining the potential gains for investors who allocated a mere 1% of their traditional 60/40 portfolio (comprising stocks and bonds) to BTC between 2015 and 2022.

Coutts acknowledges the significant returns such an allocation would have yielded. However, he also points out that even with these optimized gains, the average 60/40 portfolio couldn’t outpace the currency debasement that transpired during those years.

As investors increasingly consider the impact of currency debasement on their portfolios, hard assets like Bitcoin are poised to benefit, while government bonds may experience greater volatility.

The growing recognition of Bitcoin’s role in preserving wealth in a world fraught with economic uncertainties positions it as a unique and invaluable financial instrument for both individuals and institutions alike. 

Featured image from The Conversation




Source link

The post Bitcoin: Appeal And Global Unrest appeared first on Job From Home Blog.

Libellés :

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Jojobet (464)

Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Jojobet bahis adresi ua – En Güvenilir Bahis Sitesi 2021 Geri dönüşü yüksek bir heyecana hazır olun! Heybetli rekabet atmosferinde keyifli bir oyun deneyimi sunan öncü bir bahis platformuna hoş geldiniz. İnternetin en güvenilir ve güçlü adreslerinden biri olarak, size en üst düzey kalite standartlarına sahip online bahis fırsatlarını sunmaktan gurur duyuyoruz. Bahis ve şans oyunları tutkunlarının beklentilerini aşan kapsamlı hizmetlerimizle sizi unutulmaz bir yolculuğa çıkarmak için buradayız. Profesyonel ekibimiz, Türkiye’nin en donanımlı ihtiyaçlarına uygun olarak sürekli yenilenen bahis seçenekleriyle geniş bir kumarhane atmosferi ile etkileyici deneyimler sunar. Farklı spor dallarında eşsiz tahmin ve analiz araçlarıyla dolu olan platformumuz, kazandıran oranlarla sizden tam not alacaktır. En yeni teknolojik yazılım alt yapımız sayesinde, kesintisiz ve sorunsuz oyunculuk deneyiminin tadını çıkarabilirsiniz. Şansın, yetene...
Enregistrer un commentaire
Lire la suite

Space loves AI, AI doesn’t love Space

Space-related applications of artificial intelligence and machine learning are often confined to the ground because moving AI onboard satellites, while promising, is significantly more difficult. “Running AI in space is like running a marathon on the moon — impressive if achieved, but limited by the environment,” said Sylvester Kaczmarek, chief technology officer at OrbiSky Systems, a London startup focused on AI edge operations. Advanced processors are power hungry, meaning satellites with onboard AI require large solar panels and extra batteries. Plus, “radiation in space can fry electronics,” Kaczmarek said. Power management is another problem. Many AI devices require very high currents at low voltages. “The demands that AI devices place on power management are new to the space industry,” said Bert Vermeire, Voyager Space chief technology officer. “There are no good solutions with space heritage and it is difficult to identify efficient and small form factor power and manageme...
Enregistrer un commentaire
Lire la suite

Earn BIG Commissions in 2023

In this post, we’re looking at the best niches for affiliate marketing . So, if you’re struggling to choose a niche for your blog or YouTube channel, this list will help. In this list, you’ll learn some key information to help you determine which is the right niche to choose for you. Information like: How big the niche is and its market share The products you can promote Sub niche ideas And some commission rates you can expect Keep reading. Best Niches for Affiliate Marketing We’ve researched and broken down 21 of the best niches for affiliate marketing, so you don’t have to. Let’s dive in. 1. Artificial Intelligence The Artificial Intelligence industry has exploded in recent years and is projected to be valued at close to US$2 trillion by 2030. That’s what makes this one of the best niches for affiliate marketing today. There is also a wide range of AI tools to promote with generous commissions. For example, LinkWhisper is an AI content optimization tool for SEO of...
Enregistrer un commentaire
Lire la suite