Buy bitcoin using fiat currency | Bitcoin progressively alluring during times of Global Uncertainty

On Nov. 20, the panel of three sat down for an interview with Bloomberg’s Alastair Marsh at the Future of Digital Assets briefing in London, where they took a closer look at the idea that Bitcoin becomes more attractive as an investment during times of global uncertainty.Charles McGarraugh started off the conversation by agreeing to the idea that BTC does indeed become more appealing during threats of recessions and general global times of uncertainty. “I totally buy bitcoin using fiat currency into that idea,” he said. John Pfeffer continued by saying that BTC is poised to become digital gold. “Sooner or later that is going to happen,” Pfeffer said, pointing out that if BTC were already considered today’s digital gold, the upside of BTC would not be the same, as it would be worth at least one or two orders of magnitudes more. Travis Kling gives perhaps the most direct answer when he says that Bitcoin is a risk asset, one with specific investment characteristics “that become increasingly more attractive the more irresponsible monetary and fiscal policy is from central banks and governments globally.Kling further points out that if the United States was still on the gold standard, and was balancing its budget every year instead of spending a trillion dollars more than they collect, “we might not need Bitcoin so much. Read more