The last few weeks in crypto have been insane, with many lenders blowing up or being bailed out. What was the origin of BlockFi and what happened to this company that was once worth $4B?
"Bitcoin is the best hedge against all of the chaos happening in the world today."
Since then, it has lost over 50% of its value.
No one knows where it will be years from now, but any claim that it is currently a good hedge, let alone "the best", against economic chaos, is ludicrous.
On March 24th you tweeted:
"Bitcoin is the best hedge against all of the chaos happening in the world today."
Since then, it has lost over 50% of its value.
No one knows where it will be years from now, but any claim that it is currently a good hedge, let alone "the best", against economic chaos, is ludicrous.