There does appear to be some evidence of this, but again, you can be an institutional fund manager and still speculating.
It's simultaneously described as a currency for exchange, a store of value and a speculative asset, but logically it cannot be all of these things simultaneously.
As an example, it fell quite sharply the other day while gold and stocks treaded water.
Is it going to $1 or $1 billion? I have no idea. But whatever is, it's certainly not reliably static.
It's simultaneously described as a currency for exchange, a store of value and a speculative asset, but logically it cannot be all of these things simultaneously.
As an example, it fell quite sharply the other day while gold and stocks treaded water.
Is it going to $1 or $1 billion? I have no idea. But whatever is, it's certainly not reliably static.