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Home Bitcoin News

6 Reasons Why 2020 Is a Great Year for Bitcoin

by The Future Coin
June 15, 2020
in Bitcoin News
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6 Reasons Why 2020 Is a Great Year for Bitcoin
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A Bloomberg senior editor today argued there were six reasons why 2020 was bad for bitcoin. Here’s the opposite case.

Bitcoin is up more than 30% on the year. After a crash alongside equities, it has proved incredibly resilient. There are famous new entrants to the space like Paul Tudor Jones II. 

So how can a Bloomberg editor argue the year has been bad for bitcoin? 

In this response podcast, NLW argues that most of the arguments are about narrative, not the underlying fundamentals. He presents six reasons why not only has it not been a bad year, but the exact opposite is true:

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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