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Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Wednesday, January 11, 2023

Bitcoin As a Store of Wealth


Bitcoin seems to more or less fulfil money's three main qualities: unit of account, store of wealth and means of exchange.

So far, because of Bitcoin's price volatility, the main cryptocurrency has not functioned very well as a transfer of wealth.

One simply is not quite sure what will one Bitcoin be worth in 1 month time.

However, as more and more institutional money managers like hedge funds, asset management companies, pension companies, insurance companies and endowments invest in Bitcoin, the volatile of Bitcoin will decline as the market for Bitcoin broadens, Bitcoin and crypto become more liquid financial instruments.

Bitcoin's volatility in 7 years time should resemble the volatility of a mid capitalisation technology stock for a tech company with value of let's say 10 billion USD.





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