Bitcoin is Needed Now: Macroeconomic Backdrop Adds Value to Crypto5.6

Throughout its short history, Bitcoin (BTC) has been seen as anything but centralized, sovereign, and censorable. The crypto asset was created by a pseudonymous individual, is secured by a global group of miners, and is backed by no government, traditional finance system, or common entity.

And as a result, many have looked to Bitcoin and its brethren — other digital assets — as a much-needed escape hatch from fiat and government overreach. Indeed, BTC was released in the wake (and seemingly as a result) of the 2008 Great Depression, and many that have since flocked to the cryptocurrency are staunch anti-establishment proponents.

Original source
https://www.newsbtc.com/2019/06/13/bitcoin-is-needed-now-macroeconomic-backdrop-adds-value-to-crypto/

Add comment

Please Sign in to be able to leave comments.