Gordon Gekko & Bitcoin
The situation
In 2012, market observers declared Bitcoin’s death, then in 2017 this death certificate was issued another 124 times over 12 months, then 41 times in 2019, and so far for 2022 its demise has been noted 9 times; yet, somehow it persists. Despite the recent dip of the speculative asset class, with Bitcoin, the dominant cornerstone of the market, its long-term holders have remained, as has the growth of institutional investors.
Read the rest here: https://economicinsights.substack.com/p/gordon-ge…;
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