While many Bitcoin (BTC) advocates hope that despite the COVID-19 pandemic and the problems in traditional financial markets – or precisely because of them – BTC will improve, this may not happen without the active intervention of cryptocurrency itself.
“In addition to the unique features of BTC, the industry needs strong stories, marketing and user experience to help people understand the reasons why this is a compelling investment opportunity and eventually buy a few bitcoins!” This was reported to Cryptonews.com by Zack Prince, BlockFi, the main founder of the US-based cryptocurrency launch company.
He said as long as there is no better option for the US dollar, it will continue to benefit from its global reserve status.
At the same time, “for Bitcoin-fixed delivery assets, large-scale attempts to print money in Pitt currency should lead to higher prices,” the prince said. “For crypto, we will continue to generate revenue from both retail and institutional investors, driven by the acquisition of leading platforms by new customers.”
A recent survey found that senior retailers believe that larger retailers are going to take the crypto crisis and their preferred trading pair is BTC / USD. Also, the major chat operator line simply sent another receipt stating that 62% of its Bitmax crypto trading platform users are using the new cryptocurrency.