American Consequences - February 2021

IS BITCOIN THE FUTURE OF MONEY? NINE REASONS WHY SMART INVESTORS ARE BUYING IN ANDWHY YOU SHOULD TOO Bitcoin is back in the news after recently hitting all-time highs. “Speculative frenzy spills into Crypto as Bitcoin Tests Highs,” read a recent Bloomberg headline. The daily swings make for good headlines and yes, bitcoin has proven to be an excellent long-term investment. However, if you focus only on the daily price moves, you’ll miss the more profound truth: Bitcoin is now more than just a systemically important financial asset held by investors as a portfolio diversifier and alternative store of value to gold.

Bitcoin is strengthening its case as the future of money itself .

By Alex Tapscott

44

February 2021

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