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❕NEWS JPMorgan Expects More Cryptocurrency Use, Talks On Bitcoin As Store Of Value

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The communique issued by the banks to clients last Friday, JPMorgan equities research analyst Kenneth Worthington predicted that mainstream investors and companies will embrace bitcoin markets and industries this year. Bitcoin is especially well-designed as a modern store of value, adding that the strong design has contributed to growing confidence in the value. However, Bitcoin still falls short of other reserves of value, such as gold, according to Worthington. Share your opinion.
 
Bitcoin have so many importance even as a good store of value ,investors that are investing know why they are doing so , because if you checked past reports ,you would see that it have been increasing right from when it was a dollar ,so there would be more increase in price and investors could make more gains through that range
 
I am always excited seeing giant investors and financial institutions talking about bitcoin and crypto at large, it means crypto is winning the war against it. However, I agreed with his submission while comparing gold with bitcoin. But this doesn't mean bitcoin doesn't have some good sides that gives it an edge over gold.
 
There have been a lot of speculations about institutions getting more involved in bitcoin and the crypto space in general this new year and I think what that would mean for bitcoin is an explosion in price and an increased level of acceptance globally which would be what many crypto enthusiasts are looking forward to.
 

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