Disclaimer:

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

Tuesday, March 21, 2023

Does Bitcoin Thrive In Adversity?


If one observes the last trading days, it does seem that Bitcoin and cryptocurrencies thrive in uncertainty or financial crisis, which we have at the moment.

Bitcoin seems to function as a safe haven at the moment, which is remarkable since Bitcoin and cryptocurrencies are unregulated and crypto is considered extremely high risk.


It would be interesting to observe how quickly and how successfully Bitcoin can fulfill its unofficially declared, in my view mission to become USD 2.0 or a global reserve currency in electronic form.

So far, the first strides seem promising.

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