A Bloomberg senior editor immediately argued there have been six the reason why 2020 was unhealthy for bitcoin. Right here’s the alternative case.
A Bloomberg senior editor immediately argued there have been six the reason why 2020 was unhealthy for bitcoin. Right here’s the alternative case.
Bitcoin is up greater than 30% on the yr. After a crash alongside equities, it has proved extremely resilient. There are well-known new entrants to the area like Paul Tudor Jones II.
So how can a Bloomberg editor argue the yr has been unhealthy for bitcoin?
On this response podcast, NLW argues that a lot of the arguments are about narrative, not the underlying fundamentals. He presents six the reason why not solely has it not been a foul yr, however the precise reverse is true:
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