“Part of the reason is that the stress in the banking system reinforced bitcoin’s store-of-value properties,” the report said, and because BTC mainly exists outside of the traditional financial system “it offers a hedge against current conditions.”
“Part of the reason is that the stress in the banking system reinforced bitcoin’s store-of-value properties,” the report said, and because BTC mainly exists outside of the traditional financial system “it offers a hedge against current conditions.”