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This story initially appeared on ValueWalk
For some months now, the explosiveness of cryptocurrency has hinged on the inflation hedging functionality of Bitcoin. Extra buyers and corporations are coming to phrases with the advantages of adopting Bitcoin as a retailer of worth. Whereas it is a nice improvement, it raises questions regarding the unique and maybe the now-forgotten function of Bitcoin.
Q2 2021 hedge fund letters, conferences and extra
In its early years of existence, Bitcoin was strongly marketed as a digital type of cash designed for on a regular basis use. The aim was to ship a seamless cost course of such that you might use Bitcoin to make purchases out of your favourite espresso store. Nevertheless, judging by the recurring scalability points leading to community congestion, this lofty aim not appears attainable. And understandably, many have shifted their gaze to the