Pantera Capital: Banks' Failure and Why Blockchain Matters
Bitcoin and other cryptocurrencies are the answer to bank crisis. Nobody can shut them down, close them, they operate 24/7. Pantera Capital believe that “digital gold” (blockchain) can decouple and trade independently like gold. In the first rising interest rate environment in forty-two years, there will be a desire to invest in things that don’t have to continue to go down as the Fed unwinds its twin mistakes. In our view, blockchain and other commodities are likely the only place to hide in a world with massively rising rates.
Pantera Capital2023/06/30 05:48