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Vanguard Group Executive: Bitcoin is a speculative asset, but may have practical applications in inflation/turmoil
Summary: According to reports from Cointelegraph, John Ameriks, Global Head of Quantitative Equities at asset management company Vanguard Group, stated that Bitcoin is purely a speculative asset, akin to collecting toys. Despite criticisms raised by John Ameriks, he also mentioned that in cases of high inflation or political turmoil with fiat currencies, this cryptocurrency may find ...
According to reports from Cointelegraph, John Ameriks, Global Head of Quantitative Equities at asset management company Vanguard Group, stated that Bitcoin is purely a speculative asset, akin to collecting toys. Despite criticisms raised by John Ameriks, he also mentioned that in cases of high inflation or political turmoil with fiat currencies, this cryptocurrency may find practical applications beyond market speculation.
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Link: Vanguard Group Executive: Bitcoin is a speculative asset, but may have practical applications in inflation/turmoil [Copy]
