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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

Friday, March 24, 2023

Bitcoin In The Current Financial Crisis


I think Bitcoin's price will fall in the short-term, together with other financial stocks, due to the current turmoil we are experiencing.

Banks are finance companies. Financial technology, also.

Bitcoin epitomizes financial technology or fintech, for short.

Bitcoin will reemerge stronger, after he the current fallout.


Bitcoin is the future, as far as I am concerned, since Bitcoin saves time, money, and effort.

Bitcoin's production or mining is energy intensive, but that is a soluble problem. Bitcoin's mining energy intensity is the main reason while SEC has voiced opinion that Bitcoin is a commodity, energy commodity, that is.

All in all, Bitcoin and blockchain's efficiency will prevail in the long-run, I think.

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