The Wall Street Journal's article attempts to undermine Bitcoin's credibility amid the tariff trade war, citing its recent price drop. While claiming Bitcoin correlates with traditional assets, the article overlooks its unique characteristics, such as high liquidity and decentralized control, which can provide safety during geopolitical unrest. Notably, BlackRock's CEO, Larry Fink, supports Bitcoin's value proposition as an independent asset in tumultuous times. Although Bitcoin is reactive to news, its potential to act as a hedge against inflation and instability differentiates it from conventional investments.
Bitcoin's price is going to go down, and up, much more so than traditional assets, because it's incredibly liquid, and it's easy to buy and sell.
No one can just print more bitcoin out of thin air and inflate the supply, enforce any unwanted network changes overnight.
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