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by raziel2701
2069 days ago
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Yeah the last year or so btc has become correlated with the markets, so it's no longer a haven from shocks as previously thought. Covid has changed the landscape through the summer though, and the role of bonds as a safe place to weather the storm is questionable at the moment and people are increasingly resentful with the roles and ineffectiveness of central banks, so I've been hearing way more noise about cryptocurrencies as a store of value than before. The stock 2 flow model predicts btc to reach $1 mill in 2025. I'm curious if this becomes true. |
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