Marathon CEO Fred Thiel explains what Bitcoin (BTC) has in common with paintings by Banksy
Bitcoin has evolved into the perfect asset class for governments, banks and corporations across the world; it has the same source of value as the U.S. dollar and Banksy's artwork, Marathon CEO Fred Thiel says.Bitcoin as an asset class is a perfect asset, which can be treated as"hard money," in Thiel's view. In coming years, countries, corporations and financial institutions will all be holding orange coins, CEO of Thiel Advisors and Marathon Digital Holdings Fred Thiel says.
The discussion about the possibility for U.S. to purchase Bitcoin as reserve asset gains traction this year after the launch of spot Bitcoin ETFs.As covered by U.Today, Jim Bianco stressed that governments will be able to manipulate the price of Bitcoin once it acquires a large stake.3 Things Bitcoin Needs to Hit $60,000, Shiba Inu Surges 367% in Bullish Whale Activity, Major XRP Ledger Amendment About to Go Live: Crypto News Digest by U.
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