Valentina
Sat Jul 13 2024
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5 answers
958
Are Bitcoin and crypto a durable asset?
Could you elaborate on the durability of Bitcoin and cryptocurrencies as an asset class? There has been much debate on this topic, with some proponents arguing for their long-term value and others questioning their stability. As a financial expert, how do you assess the sustainability of these digital currencies? Do they possess the necessary attributes to be considered a durable asset, such as scarcity, divisibility, and liquidity? Additionally, what are the potential risks associated with investing in cryptocurrencies that investors should be aware of?
