BTC holders have long viewed it as a hedge against currency decline. But this is not a widespread perception among the general investing public, where gold has always been seen as the asset for that (and where BTC has been viewed from more of an emerging technology angle). Watch this closely. If BTC starts to react to specific dollar moves, and the media and public perception of it as “protection” starts to spread, it would be very important.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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