Bitcoin Is ‘Volatile’, Not an Inflation Hedge, and Is ‘Impractical’, Says Bank of America Analyst: Author – Francisco Memoria

Reported By: CryptoGlobe latest articles
Bank of America analyst Francisco Blanch has slammed the flagship cryptocurrency bitcoin using various criteria in a review of the bull argument for BTC. Per Blanch, bitcoin has many flaws including its volatility and practicality. Bitcoin’s supply is capped at 21 million which protects it from quantitative easing and other monetary policies that inflate money […]
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