Bitcoin Will Not Save the World and It’s Nothing Close to a Safe Haven Warns Puru Saxena
"I don't like it," says former wealth manager Puru Saxena who doesn't mince words when it comes to Bitcoin. "Whenever the S&P does well, Bitcoin has done well; when the S&P doesn't do well, Bitcoin goes down with it. So in my view, it is nothing more than a super high beta play on global liquidity… When risk assets rally, Bitcoin rallies— and when risk assets don't do so well, Bitcoin falls very hard," he tells our Daniela Cambone. "It is an extremely speculative beast," he said.
#bitcoin #cryptocurrency #digitalcurrency
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Видео Bitcoin Will Not Save the World and It’s Nothing Close to a Safe Haven Warns Puru Saxena канала Stansberry Research
#bitcoin #cryptocurrency #digitalcurrency
Learn more about Crypto Capital and sign up today:
https://stansberryresearch.com/products/crypto-capital
Get the same kind of tools used by the world's elite investors:
https://stansberryinvestor.com
______________________________
Follow us on Facebook: https://www.facebook.com/StansberryResearch
Follow us on Twitter: https://twitter.com/stansberry
Follow us on Instagram: https://www.instagram.com/stansberry_research
Follow us on LinkedIn: https://www.linkedin.com/company/stanberry-research
Видео Bitcoin Will Not Save the World and It’s Nothing Close to a Safe Haven Warns Puru Saxena канала Stansberry Research
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