today, Wall Street Magazine (WSJ) published condition In an attempt to discredit bitcoin in the recent US war, Canada and Mexico, the Bitcoin price has decreased in the aftermath of the news.
The article stated: “Bitcoin-which is described as a boundless digital store-has decreased by more than 4 % over the past 24 hours, after the White House incited definitions across the border.” “The cryptocurrency was once promoted as investments that operate independently of stocks, but in reality their movements are similar to large publications of the wider market fluctuations.”
In the second sentence mentioned above, WSJ tries to reduce the bitcoin value by noting that the price of Bitcoin is only associated with other traditional assets.
What the author of the article does not share, though, is that the price of bitcoin will decrease, and more, more than traditional assets, because it is incredibly liquid, and it is easy to buy and sell. But Bitcoin is a distributed network consisting of miners, contract, developers and users – at the technical level, it is completely different from other assets such as stocks, as there is no central party to control it.
For this reason, Bitcoin was a safe haven for those who were trying to move in geopolitical concerns. Not only can anyone print more bitcoin from thin air and amplify the width, or to impose any changes on the unwanted network overnight, or topple the network and prevent the network from operating.
But not just take my words, take Larry Fink, CEO of the largest asset manager in the world, Blackrock. Just two weeks ago, FINK said he is a real believer in suggesting the value of Bitcoin and that if you are afraid of geopolitical concerns in your country, you can now get one of the international assets that work completely independently of those tensions.
Only in: 11.5 trillion dollars, CEO of Blackrock, Larry Fink, Bitcoin can rise to $ 700,000 if there is more fear of currency and economic instability.pic.twitter.com/woxclasjdp
Bitcoin (PitcoinMagazine) Magazine January 22, 2025
The price of Bitcoin will definitely respond to the news and events that occur in the short term, causing large price procedures on the upper side or the downside, but CherPick data in an attempt to make Bitcoin look like a bad investment is just preparing reports and misleading. Bitcoin has been the best performance over the past fifteen years, and is likely to continue to perform well due to the value proposal.
The important point that must be understood here is that although Bitcoin is volatile assets that interact with daily events, in the long run, the Bitcoin value proposal is the highest and higher price. For the first time in history, we have money that cannot be excessive in breathing. Bitcoin also allows people to deal across the border freely, without permission, giving users an opening to escape to anyone whose country is trying to control financially.
Forget the short -term price when it comes to bitcoin as a tool to help navigate geopolitical tensions. In the long run, the Bitcoin’s supply and demand will take the price higher than it is today. The main media articles on Bitcoin have always missed the largest image and ended up misleading the people they read. With increased geopolitical tensions, Bitcoin is the safest assets you can possess.
This article is a Take. The opinions expressed are fully author and do not necessarily reflect the views of BTC Inc or Magazine Bitcoin.