paint-brush
Bitcoin As The Ultimate Insurance: Why $11,000 is Just The Beginningby@abhay-aluri
771 reads
771 reads

Bitcoin As The Ultimate Insurance: Why $11,000 is Just The Beginning

by Abhay Aluri6mAugust 9th, 2020
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

Bitcoin is a reliable e-cash: a method whereby on the internet you can transfer funds from A to B without A knowing B or B knowing A." Bitcoin is the only asset that's fundamentally uncorrelated to the existing political and economic decision-making process. The US has become the highest-producing economy in the world over the last century, its currency has become de facto reserve currency for the world, and the Dollar is a relatively stable and liquid medium of exchange of exchange, and central banks globally have accumulated over $6.7 Trillion in their reserves.

Company Mentioned

Mention Thumbnail
featured image - Bitcoin As The Ultimate Insurance: Why $11,000 is Just The Beginning
Abhay Aluri HackerNoon profile picture
Abhay Aluri

Abhay Aluri

@abhay-aluri

Building @joinryze to help you understand and invest in Bitcoin

Learn More
LEARN MORE ABOUT @ABHAY-ALURI'S
EXPERTISE AND PLACE ON THE INTERNET.
L O A D I N G
. . . comments & more!

About Author

Abhay Aluri HackerNoon profile picture
Abhay Aluri@abhay-aluri
Building @joinryze to help you understand and invest in Bitcoin

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
Startupnchill
Insurancebest
World-economic