{"id":15773,"date":"2021-02-17T10:07:29","date_gmt":"2021-02-17T10:07:29","guid":{"rendered":"https:\/\/www.icebreakerexecutive.com\/?p=15773"},"modified":"2021-02-17T10:07:29","modified_gmt":"2021-02-17T10:07:29","slug":"bitcoin-do-we-know-what-drives-us","status":"publish","type":"post","link":"https:\/\/winningthinking.co.uk\/?p=15773","title":{"rendered":"Bitcoin – do we know what drives us?"},"content":{"rendered":"

What is bitcoin, an asset a currency, digital gold? How do you value it?<\/p>\n

#cryptocurrencys<\/a>\u00a0play to all human vulnerabilities, FOMO, scarcity and hedge fund practices propping values up, but what is it an asset, currency, digital gold, or just a hyped inflationary scheme? The worry is investors don’t know either nor what drives them yet can’t afford to get off the wagon..<\/p>\n

Quoted from Coin Telegraph<\/p>\n

“One of the most enduring cryptocurrency-related narratives revolves around the search of crypto\u2019s definition as an asset class. Is Bitcoin (BTC) more of a digital currency or digital gold? Do its unique properties warrant viewing it as something completely distinct from the established categories of financial instruments? A recently published report by JPMorgan Chase\u2019s strategists has sparked yet another round of such debates.
\nThe conclusions that the report presents are at odds with the \u201cBitcoin as a safe-haven asset\u201d trope that has become somewhat conventional wisdom lately. The authors contend that the original cryptocurrency is actually not that great of a hedge in a situation when markets are undergoing severe stress and that expansion of retail ownership has rendered it more similar to a cyclical asset that moves up and down along with the stock market. ”<\/p>\n

winningthinking.uk<\/a><\/p>\n

https:\/\/cointelegraph.com\/news\/hedge-or-cyclical-eternal-debate-on-bitcoin-s-status-sees-a-new-twist<\/p>\n","protected":false},"excerpt":{"rendered":"

What is bitcoin, an asset a currency, digital gold? How […]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15773","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/15773","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15773"}],"version-history":[{"count":0,"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=\/wp\/v2\/posts\/15773\/revisions"}],"wp:attachment":[{"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/winningthinking.co.uk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}