Hi! Thanks for the followup about bitcoin.
Your videos always give me a sense of calm during these turbulent market changes :-) ...
Bitcoin really seems to be used for hedging for a lot of people. It's also because all exchanges use bitcoin as a primary currency. One question about that though.
If for example, Binance or Bittrex would introduce the ability to purchase all altcoins with Fiat currency, would that be the end for bitcoin as we know it? What is your opinion on this and do you think it's possible to see it happening in the future ?
Thanks for all the great content.
No because it'll still be the cryptoasset with the longest track record (meaning flight to safety principle still applies), but it would certainly cause a decline in valuation. It's not likely they enable fiat on their platforms though.
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