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Why the crypto market crash may play in Bitcoin’s favour

cryptonews100_tggfrn by cryptonews100_tggfrn
June 20, 2022
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Why the crypto market crash may play in Bitcoin’s favour
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Natalie Brunell, the host of Coin Tales podcast, thinks that the current incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will result in regulatory motion that may probably favor Bitcoin (BTC) over the remainder of cryptocurrency. 

“I will be anticipating regulation developments, simply signifying that Bitcoin is a digital property and that possibly there’s extra truthful accounting that may be carried out to permit establishments to take a position,” she mentioned in her newest interview with Cointelegraph. “And the different cryptocurrencies, I feel will probably be deemed securities,” she continued. 

Brunell defines herself as a Bitcoin maximalist and due to this fact sees Bitcoin as a basically totally different asset class from the remainder of crypto, primarily due to its trustlessness nature. 

“I see it [Bitcoin] as digital property, as a financial savings know-how, and that is why I focus my power on that,” she identified, including that different cryptocurrencies are rather more susceptible to third-party dangers. 

“I’ve to fret about: who’s creating them [altcoins], who’s increasing the provide, who is likely to be employed or fired, what experiment are they attempting?”  

After a superb profession in journalism, Natalie went full-time in crypto after discovering Bitcoin. She then  launched the Coin Tales podcast, the place she interviews the main voices of the crypto business.

Don’t miss the full interview on our YouTube channel and don’t neglect to subscribe!



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