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Forbes Editor-in-Chief Believes Bitcoin Can Help Fight Authoritarian Govts

From cointelegraph.com

Forbes chairman and editor-in-chief Steve Forbes has described Bitcoin (BTC) as a “high-tech cry for help” driven by a lack of trust in traditional currencies. Speaking to Ark Invest CEO Cathie Wood on her company’s podcast, he said Bitcoin's challenge now is becoming a coin as trustworthy as gold — an assert that has earned its status the hard way over thousands of years. Although Forbes starts out by saying that Bitcoin prices fluctuate too much — “steak one day, dog food the next” — he shows a deep understanding of what Bitcoin is and its current and future role in the financial markets, adding: “It’s performed a ... (full story)

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  • Category: Fundamental Analysis