Paul Brody, Global Blockchain Leader of Ernst & Young (EY), one of the investment consultancy companies called the “Big Four”, made remarkable statements about the cryptocurrency market.
Paul Brody October 23 day on CNBC He talked about Bitcoin and the cryptocurrency industry in a live broadcast he attended. Especially Bitcoin from individual and institutional investors Stating that there is a lot of demand, Brody said, however institutional investors’ real move He highlighted that he could do it after spot Bitcoin ETF approval.
Current price of Bitcoin and cryptocurrencies is severely suppressed Brody added: with regulations It pointed out an increase that could occur if compatibility increases.
People’s Bitcoin is a not as a means of payment One as an investment tool The experienced name stated that it has been adopted and argued that global adoption was shaped in this direction.
of Bitcoin under Brody, who particularly emphasized that it is very different, said that although the gold supply increased, more gold Accordingly, Bitcoin supply can be mined a limited reserve He reminded me that he had it. In this respect, Bitcoin inflation And financial crises much more against an alternative safe haven He stated that he presented the understanding.