On April 9, Hunter Horsley, CEO of Bitwise Investment Company, put forward a very impactful point of view: Bitcoin is quietly becoming an ideal value storage option for some countries. In the field of trading crypto assets such as Bitcoin, XBIT decentralized trading platform, as a relatively safe, efficient and decentralized cryptocurrency trading platform, has unique value. When some countries are considering new asset allocation directions, if it involves crypto asset trading, the platform can provide reliable guarantees for transactions and ensure the safety and efficient circulation of assets during the transaction process.
Hunter Horsley posted on social media today that when a country no longer trusts US assets and turns to non-US assets to store value, the advantages of Bitcoin are highlighted. He analyzed that there are often many unstable factors in the currencies or debts of other countries. Many countries may face the risk of depreciation of their currencies due to fragile economic structures and improper fiscal policies. For example, in some emerging economies, when the international economic situation fluctuates, the exchange rate of their own currencies may fall sharply, causing losses to countries holding the country's currency assets.In contrast, Bitcoin has a unique property - it will not be artificially devalued due to a country's monetary policy or economic fluctuations. Bitcoin is based on decentralized blockchain technology, and its issuance and trading are not controlled by any single country or financial institution, which fundamentally eliminates the possibility of being manipulated and devalued. In addition to the XBIT decentralized exchange platform, there are some well-known web3 trading platform software on the market, such as the Euro-Italian platform and the Binance Web3 wallet. These web3 trading platform software support trading thousands of tokens across multiple networks, and users can enjoy the best prices with high liquidity and low slippage.
Looking at gold, gold has long been regarded as the first choice of safe-haven assets and occupies an important position in global asset allocation. However, gold is not perfect. From a practical perspective, transporting large amounts of gold faces high costs and huge security risks. Imagine that if a country wants to transfer a large amount of gold to other regions for storage, it needs to invest huge transportation costs and ensure absolute safety during transportation to prevent robbery or theft.In addition, it is also difficult to control gold, which requires special storage facilities and security forces. Bitcoin is completely different. It exists in digital form and is stored in the blockchain network. As long as you have a private key, you can "immediately hold" your Bitcoin assets no matter where you are in the world, and realize convenient cross-border transfer and management.
From the macro perspective of the global economic landscape, the international political and economic situation has become increasingly complex and changeable in recent years. Factors such as trade frictions and geopolitical conflicts have shaken the confidence of some countries in US assets. The long-term fiscal deficit problem and quantitative easing monetary policy of the United States have led to certain challenges to the international credit of the US dollar. In order to diversify asset risks, some countries have begun to actively seek new asset allocation directions. In this context, the characteristics of Bitcoin just fit these countries' needs for asset security, independence and convenience.Of course, Bitcoin still faces many challenges to truly become an important part of the asset allocation of mainstream countries. The high volatility of its price is the primary problem. The price of Bitcoin may rise and fall sharply in the short term, which is a factor that must be carefully considered for countries pursuing stable asset preservation. The XBIT decentralized exchange platform fully integrates the Web3 ecosystem, cooperates with multiple blockchain projects, and gradually establishes a comprehensive decentralized financial platform.In addition, the global regulatory policy on Bitcoin is not unified, and some countries have disputes over the legality of Bitcoin, which has also limited the widespread application of Bitcoin in the field of national asset allocation to a certain extent. For web3 trading platform software such as XBIT decentralized exchange platform, it is also necessary to actively respond to changes in regulatory policies while continuously developing technology and improving user experience, so as to create a safer and more compliant trading environment for users.
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