HTTP/1.1 200 OK Date: Wed, 07 Apr 2021 20:06:54 GMT Server: Apache/2.4.29 (Ubuntu) Expires: Thu, 19 Nov 1981 08:52:00 GMT Cache-Control: no-store, no-cache, must-revalidate Pragma: no-cache X-Pingback: https://eng.ambcrypto.com/xmlrpc.php Link: ; rel="https://api.w.org/", ; rel="alternate"; type="application/json", ; rel=shortlink Set-Cookie: PHPSESSID=5tiqq15bdsghlmf5m57m1e2q1d; path=/ Set-Cookie: ms-uid=5tiqq15bdsghlmf5m57m1e2q1d; expires=Thu, 07-Apr-2022 20:06:54 GMT; Max-Age=31536000; path=/ Vary: Accept-Encoding Transfer-Encoding: chunked Content-Type: text/html; charset=UTF-8 What kind of investors are really into Bitcoin? - AMBCrypto
Connect with us
- Share
- Tweet
“From a narrow perspective, it’s not too big to fail; from a broader perspective, that would be another challenge to the liquidity paradigm, where investors simply bet on liquidity.”It must be noted, however, that El-Erian was quick to acknowledge the “massive distortion” which arose from the subdued nature of certain asset markets. The Federal Reserve System lowered the interest rates which led to the high prices[5] of government bonds[6]. Hence, making those bonds a less attractive option for investors looking to mitigate risk and diversify their portfolios. The usual retreat asset, gold, has also experienced difficulties, something that has driven investors to Bitcoin. Despite the cryptocurrency’s volatility, some investors see it as “the least bad asset to use[7],” El-Erian said. The economist did
