Banking System Collapses With Puts The Digital Asset Bitcoin A Better Investment Option

in #hive-1679222 years ago

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It’s been said that the unique value is pronounced now with the bank collapses which we witnessed since the beginning of this year. This year alone we have witnessed several regional banks collapse which is helping propositioning the value of bitcoin.In a session the Macro Analyst Lyn Alden says that soon enough that Americans will realize that banks are risky in her statement;

She thinks people took for granted what a lot of the world doesn’t take for granted, which is that banks are risky, that there’s risk there, especially if you’re above certain insurance limits. Basically, you’re lending to the bank to invest in a variety of assets, and most of us don’t take the time to study the assets of the banks we operate in. Many of them are not public, so we can’t even do so if we wanted to.

Further more the Macro analysts says that the banking crisis which the country faces now is giving a realization of what the value of bitcoin actually is, she spoke about some unique qualities which the king crypto holds that will make it an attractive option over the worlds gold.

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