Page 4 - Usage Effectiveness News Today

For many investors, the sticky nature of the Bitcoin boom is finally starting to kick in. To call it a bubble is to basically directly state that “most people” are overly leveraged to its current price level. For the true believers, that’s a laughable idea at this point. “Most people” have heard of Bitcoin, but don’t have any exposure to its upside potential. Furthermore, Gold – it’s supposed asset class competitor and proxy as a ‘store of value’ – is still worth over six ...

As we have noted, the argument for or against Bitcoin comes down to future prospects for legitimacy as a currency system. The “store of value”, “speculative asset”, and “diversification” arguments are all second-order pathways contingent upon its ability to establish itself as a legitimate, mainstream medium of exchange with widespread network-effect legitimacy. But, ironically, that legitimacy may ultimately depend on its acceptance in financial asset terms. Hence, the future is lo...

Cathie Wood and Elon Musk. The current bull market in stocks can be seen as an homage to these two names. Wood is the hottest portfolio manager in the world, with her ARK Investment Management LLC leading the universe over the past year. The “Toast of Wall Street”. Elon Musk is the world’s richest man and a guy who says he won’t sell his Tesla shares because he needs to ramp their worth high enough to self-fund human colonization of other planets. So, big thinkers. And two of the most s...

Bitcoin. Is it “the new gold”? Is it a store of value? Is it a functional medium of exchange? Is it a digital collectible? Everyone has an opinion on the

Press release content from Globe Newswire. The AP news staff was not involved in its creation.

Cryptocurrency Companies Betting on Future of Bitcoin (OTC: $ISWH) (NASDAQ: $MARA) (NASDAQ: $RIOT) (OTCQX: HVBTF)