Bitcoin News: Bitcoin Could Be Worth Over $200,000 As ‘Portfolio Insurance’ Against Sovereign Default: Report

Link: https://bitcoinist.com/bitcoin-could-be-worth-over-200000-as-portfolio-insurance-against-sovereign-default-report/

Summary: According to a recent report by crypto asset manager Bitwise, Bitcoin (BTC) is well-positioned to function as “portfolio insurance” against sovereign default risks. The report comes at a time when global debt-to-GDP levels are breaching new highs, sparking concerns about a potential global debt crisis. Bitcoin: A Solution For Global Debt Defaults? The report highlights […]

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