Why the crypto market crash may play in Bitcoin’s favour

Regulation

Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra and Celsius and the following market sell-off will lead to regulatory action that will likely favour Bitcoin over the rest of cryptocurrency. 

“I’m going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there’s more fair accounting that can be done to allow institutions to invest”, she said in a latest interview with Cointelegraph. “And the other cryptocurrencies, I think will be deemed securities”, she continued. 

Brunell defines herself as a Bitcoin maximalist and therefore sees Bitcoin as a fundamentally different asset class from the rest of crypto, mainly because of its trustlessness nature. 

“I see it [Bitcoin] as digital property, as a savings technology, and that’s why I focus my energy on that.” she points out, ading that other cryptocurrencies are much more vulnerable to third-party risks. 

“I have to worry about: who’s creating them [altcoins], who’s expanding the supply, who might be hired or fired, what experiment are they trying?”,  

After a brilliant career in Journalism, Natalie went full time in crypto after discovering Bitcoin. She then  launched the Coin Stories podcast, where she interviews the leading voices of the crypto industry.

Don’t miss the full interview on our YouTube channel and don’t forget to subscribe!

Products You May Like

Articles You May Like

Argentina’s fan token sinks 31% after World Cup loss against Saudi Arabia
New York AG pushes prohibition of crypto purchases via retirement funds
Central banks can use Bitcoin to fight off sanctions: Harvard research
How does the FTX collapse affect Dubai’s crypto ecosystem?
How bad is the current state of crypto? On-chain analyst explains

Leave a Reply

Your email address will not be published. Required fields are marked *