Bitcoin Comment from Fidelity: “The King Will Not Descend!”

Multinational financial services company Fidelity Investments, the leading cryptocurrency at a time when the effects of the decline in the crypto money market continue. Bitcoin He said we should keep it separate.

In its latest report, the American company of bitcoin other to cryptocurrencies He wrote that in this context, it should be evaluated separately from other cryptocurrencies.

“Bitcoin Is More Than A Technology…”

Fidelity’s report titled “Bitcoin First” claimed that BTC is fundamentally different from hundreds of other cryptos and that no other digital asset can surpass the leading cryptocurrency Bitcoin.

In the published report, Fidelity, which describes Bitcoin as a “superior form of money” rather than a technology, also used the following statements for BTC.

“Bitcoin is the most secure and decentralized form of asset.

In this context, the limited supply of Bitcoin, the fact that it does not pay dividends, and is easy to store and transport supports BTC to be a solid form of money.

We are also not brave enough to say that only one currency will exist. However, due to the very strong effects of the network, we believe that a single monetary good will dominate the digital asset ecosystem.”

Finally, saying that he sees Bitcoin as the entry point of investors to the crypto market, Fidelity emphasized that they believe that investors must first think and understand Bitcoin in order to understand digital assets.

*Not investment advice.

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