Everyone is talking about it, from experts to everyday people, they are saying Bitcoin is booming.
Analysts, executives, and Crypto enthusiasts recently gathered at Accelerate to compare Crypto stories and talk about Crypto’s future.
Their collective view on Bitcoin is that it is seen as a safe-haven asset.
Wow! Compare that to seven years ago when billionaire Warren Buffett called it “rat poison.”
These experts cite the mounting global geopolitical instability as a primary factor. Russia says it wants to end the war, then launch a massive aerial assault on Ukraine. Iran says it wants to work with the U.S. on a peace deal, but will continue to enrich uranium. The credit downgrade of the U.S. due to excessive debt threatens to unsettle the global security of the dollar.
During the two-day conference, Chainlink (the number 16 Crypto by market capitalization) co-founder Sergey Nazarov said,
“Bitcoin is starting to behave as a haven asset, and there’s more and more instability in the world. For the first time now, it’s starting to get decoupled from tech stocks. So, if you wanted to choose a second safe haven asset after gold, bitcoin would now be a logical choice.”
These are powerful words, even though they come from a Crypto-guru.
