Now Should You Buy Bitcoin? The Investment Case for the New Spot Bitcoin ETFs
Money For the Rest of Us
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Bitcoin as a Transactional Currency and Store of Value
This chapter discusses the usefulness of Bitcoin as a transactional currency compared to fiat currencies, highlighting its level of certainty in transactions and its value holding characteristics. It also touches on the challenges merchants face in accepting Bitcoin as a form of payment due to its volatility. Additionally, it discusses the upcoming 'halving' event and potential forks in the Bitcoin network, highlighting the risks and uncertainties associated with Bitcoin but also its potential long-term value.
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