Value Preservation: Which Top 10 Crypto Has Performed The Best?
Since the beginning of 2022, the crypto market has descended further into the bear market. The current bitcoin cycle low was hit back in June 2022, and its price is only about 11% up from that point. Through the bear market, there have been some cryptocurrencies that have held up better than the others. This […]
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The relative stability of Bitcoin during periods of geopolitical uncertainties has allowed the digital currency to be considered by investors as a safe haven for the preservation of their wealth. Two major events in 2016 that quickly come to mind when considering the geopolitical risks borne by holders of fiat currencies, stocks, commodities and other financial elements are Brexit and the US elections. The fallout from these events saw the nations’ currencies and stocks plummet within very short periods of time. Safety first. One of the most critical factors that investors consider is the....
Central planning has been so pervasively normalized that whole sectors of society have become dependent on the largesse of the fiat monster. Bitcoin fixes this.
When examining why people acquire bitcoin, we find different incentives, more based on preservation of the network than “getting rich.”
As bitcoin reduces the traditional usage of financial advisors, their role may shift to help facilitate wealth preservation.
From institutional crypto usage in the United Arab Emirates to remittance payments in the Egyptian market, the last year revealed major growth for crypto in the MENA region. Emerging markets continue to forge their way into the crypto scene finding a plethora of use cases, especially in the combined Middle East and North Africa (MENA) region. A new report from Chainalysis reveals that the crypto market in the MENA region is the fastest growing in the world. Transaction volume in the MENA region reveals users received $566 billion in crypto in the time frame of July 2021 to June 2022. This....