SOV

Here’s why Bitcoin might be safe from a global stock market crisis

Source Node: https://cointelegraph.com/news/here-s-why-bitcoin-might-be-safe-from-a-global-stock-market-crisis

Time Stamp: September 18, 2021 6:05 PM - Modified On: September 18, 2021 - Published By:

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One of the reasons behind Bitcoin's (BTC) volatility, the substantial price oscillations that occur regularly, is the discrepancy of its use cases. Some pundits deem it "digital gold," a truly scarce and perfect store of value (SoV). Others consider Bitcoin a technology project or a type of software with a corresponding network.El Salvador's adoption as legal tender will likely evidence the means of exchange (MoE) functionality that the Lightning Network provides. The Layer-2 scaling solution allows instant and insanely cheap transfers, although it requires regular on-chain transactions to enter or

Could Buffett’s Change in Gold Strategy Move Him Toward Bitcoin?

Source Node: https://beincrypto.com/could-buffetts-change-in-gold-strategy-move-him-toward-bitcoin/

Time Stamp: August 15, 2020 2:59 PM - Modified On: May 21, 2021 - Published By:

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Republished By Plato

Warren Buffett’s investment firm Berkshire Hathaway Group has invested in gold production for the first time ever. The firm purchased 20.9 million shares of Barrick Gold Corp., one of the larger producers of gold. The purchase reflects the growing investment move into store-of-value (SOV) assets like Gold, Silver, and Bitcoin. Inflation, economic struggles, and treasury yield curves have left the dollar weak. Buffet’s Big Policy Reversal The purchase reveals a substantial change in Buffett’s investment strategy. The so-called ‘Oracle of Omaha’ has been a strong advocate against purchasing the precious

SOV

Here’s why Bitcoin might be safe from a global stock market crisis

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