New Bitcoin price highs revive old misconceptions about BTC and crypto
With crypto exceeding all monetary expectations in 2020, some mainstream analysts have reverted to long-forgotten arguments from 2017. As anyone following the crypto industry will have noticed, yes, Bitcoin (BTC) did recently smash its previous all-time high of around $20,000. Now, many analysts anticipate the cryptocurrency to eventually rise to the mid-$30,000s or even higher within the next few years.As things stand, BTC is trading at around $23,300, briefly testing the $24,000 mark on several occasions. However, despite all of these positive developments, many prominent individuals....
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On this episode of the Bitcoin Magazine Podcast, macroeconomist Lyn Alden discusses her work "7 Misconceptions About Bitcoin." The post Video: Debunking Seven Misconceptions About Bitcoin With Lyn Alden appeared first on Bitcoin Magazine.
In partnership with Wakefield Research, Block Inc released a survey of 9,500 respondents discussing misconceptions surrounding bitcoin.