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

Monday, July 3, 2023

Bitcoin As An USD Alternative



Many analysts and investors regard Bitcoin as USD 2.0

Money's definition is unit of account, means of exchange and store of value. Bitcoin to 30 % fulfills these traits, but locally, according to Wolfteam Ltd.'s corporate view.

One of the main advantages of the USD is that is a global reserve currency. While Bitcoin is exchanged as a reserve unit, locally.

Thus there is a long road in front of Bitcoin, until it gets near USD's global reserve currency and thus global money status.

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