As Investors Look for Money Security, Can Bitcoin (BTC) Become More Attractive Than Cash? How low is BTC and how long will this decline last? What to look for in an investment decision in the near future? What can we expect from institutional investors and what are the long-term prospects for Bitcoin?
We asked industry players to share their views on this. Here’s what they said.
Bitcoin against cash
While cash is now emotionally more comfortable than bitcoin, it may not be so safe, said Mark Jeffrey, CEO / Co-Founder of Guardian Circle.
“The US government brought $ 1.5 trillion into the system yesterday – and the stock market rebounded slightly, even to Dunkirk. Think: Think: The market has dwindled! “He said that when people see inflation,” then they give me gold and bitcoin taven “.
Meanwhile, Johnson Xu, senior analyst at Token Data and Evaluation Agency, told Cryptonews.com that the question is not whether BTC is worth the cash or not, because it is “two different types of asset for dramatically different purposes.” Thinking that bitcoin will replace the cash / fiat system, this will not be an easy task and it is impossible implementation in the near future. ”
Bitcoin’s improvement is also not a reason for institutional investors to invest in bitcoin, “but because they believe that bitcoin can make a significant return or diversify in the future.”
“Institutional investors have complex needs, so it is not an easy task to identify the specific needs of each institutional investor to attract them into the industry.” – says the analyst.