Seeking Alpha
2020-10-04 21:07:14

GBTC Is Overpriced And Flawed - Here's Why I Own It Anyways

The macro environment necessitates finding something to protect against fiat debasement.Even a modest increase in “mainstream” acceptance of bitcoin will drive the price radically higher.All methods of holding bitcoin have tradeoffs. That’s why I diversify the way I hold it.Just like bitcoin is a complement to gold rather than a substitute, GBTC is a complement to other ways of owning bitcoin.

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