Tag Archives: Store of value

Satoshi’s Vision ‘Not a New VISA’ But An Alternative to Banks, Says Dan Held

Bitcoin creator Satoshi Nakamoto wanted it to be an “alternative to banks,” not a “new VISA,” cryptocurrency veteran and former Blockchain executive Dan Held has said. What’s In A ‘Vision’? In a series of tweets January 14, Held became the latest well-known figure to take issue with pundits who claim Bitcoin’s intended purpose is primarily as a currency… Read More »

SOV Assets Like Bitcoin will Become Much Larger: Circle CEO Jeremy Allaire

Bitcoin price has lost more than 9 percent of its value in the past 24 hours. But according to Jeremy Allaire, the cryptocurrency is a winner in the long term. The Circle CEO said Thursday during a Reddit AMA that bitcoin would become more significant as a store of value than as a payment and settlement protocol. He… Read More »

Gold Demand Rising: Investors Turn to Precious Metal as Safe Haven Asset

Recent global economic concerns and stock market volatility seem to have increased demand for gold as a safe haven asset. The price of the precious metal hit its highest level since June in the yesterday’s trading session.Investors are turning to the historical store of value in rising numbers to protect their wealth amid geopolitical tensions. Even recent news… Read More »

Bitcoin Has Netted 0.347% Profit Per Day For Holders Since 2011

Despite the decline of Bitcoin throughout the entirety of 2018, the world’s leading cryptocurrency’s daily average profit of  0.347 percent per day has been generous for its long-term holders. Bitcoin: A Store of Value Indeed Bitcoin’s (BTC) 00 daily moving average since January 1st, 2011, is 0.347 percent in the positive. Clavestone, an institutional-grade Bitcoin key management company has come up… Read More »

Morningstar Analyst: Bitcoin and Other Digital Assets will Never Replace Gold

Analysts from investments ratings firm Morningstar have stated that Bitcoin and other cryptocurrencies will never be a threat to gold as a store of value.Bitcoin Outperforms Gold on Almost All FrontsMany in the cryptocurrency space believe that digital assets could represent the ultimate store of value.They contend that the likes of Bitcoin represent a sound form of money… Read More »

Bitcoin as a Store of Value Could be Worth $40K Within the Next Decade, Says Matt Hougan

Osato Avan-Nomayo · May 25, 2018 · 9:00 pm Matt Hougan of Bitwise Asset Management believes that the price of Bitcoin could increase by 500 percent in the next ten years. Hougan hinges his prediction on the cryptocurrency becoming an actual store of value and the blockchain permeating several facets of human life. Is Bitcoin a Store of… Read More »