Bitcoin is a miracle and better than gold, says Apple co-founder Wozniak
Apple co-founder Steve Wozniak declared that “Bitcoin is the only digital gold” years ago, but he claims that he still hasn’t invested in BTC.
Gold
Bitcoin volatility still a concern for CEO of BNY Mellon subsidiary
Francesca Fornasari believes that Bitcoin may not be suitable for most institutional investors.
Bitcoin, dollar plunge while S&P 500 rallies after US inflation hits 3-decade high
Data on Friday showed core personal consumption expenditure in the US surged to 3.42% year-over-year for the first time since 1991.
Former congressman Ron Paul: Bitcoin is money and should be taxed the same
Former congressman Ron Paul believes Bitcoin should be regulated and taxed the same as money.
Bitcoin is risky digital ‘copper’, it’s not gold — Goldman Sachs commodities boss
Jeff Currie, the global head of commodities research at Goldman Sachs, described Bitcoin as a “risk-on” asset that is similar to copper as a hedge against inflation.
For the long haul? When Bitcoin nosedived, institutions held fast
Institutional investors know crypto assets are volatile: “They’re making a generational bet and are not deterred by a few weeks of volatility.”
Banking system consumes two times more energy than Bitcoin: research
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.
Eric Weinstein calls Bitcoin potential hedge against fiat catastrophe
“Don’t let short term losses in Bitcoin sour you on Bitcoin, crypto or distributed computing,” Weinstein said. “Don’t let Bitcoin zealots chase you away either.”
Grayscale tops $50 billion: ‘Will soon pass world’s largest commodity ETF’
Grayscale continues to grow, passing $50 billion. That’s equivalent to the world’s second-largest commodity ETF.
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
