Pioneer Group Executive: Bitcoin is an investment asset, but it may have practical applications during high inflation or turmoil
According to Ha Shi Chain News, John Ameriks, Head of Global Quantitative Stocks at Pioneer Group, stated that Bitcoin is purely an investment asset, similar to collectible toys. However, based on his assessment, in situations of high fiat currency inflation or political instability, this cryptocurrency might find practical use outside of market investments.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Pioneer Group Executive: Bitcoin is an investment asset, but it may have practical applications during high inflation or turmoil
According to Ha Shi Chain News, John Ameriks, Head of Global Quantitative Stocks at Pioneer Group, stated that Bitcoin is purely an investment asset, similar to collectible toys. However, based on his assessment, in situations of high fiat currency inflation or political instability, this cryptocurrency might find practical use outside of market investments.
$BTC #Cryptocurrency #Blockchain #Bitcoin #Investment #CryptoMarket