Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers: Report

Pa The Daily Hodl - 2 zan de sa - Tan Lekti: 2 minit

Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers: Report

Financial services giant Fidelity says that more nations will buy Bitcoin (BTC) this year to remain competitive.

Nan yon nouvo rapòte, strategists at the firm say that a high-stakes form of game theory is in play and countries who don’t adopt the top crypto asset by market cap early could fall behind their peers.

"Si Bitcoin adopsyon ogmante, peyi yo ki an sekirite kèk Bitcoin today will be better off competitively than their peers.

Therefore, even if other countries do not believe in the investment thesis or adoption of BTC, they will be forced to acquire some as a form of insurance.

In other words, a small cost can be paid today as a hedge compared to a potentially much larger cost years in the future. We therefore wouldn’t be surprised to see other sovereign nation states acquire Bitcoin an 2022 e petèt menm wè yon bank santral fè yon akizisyon.”

According to Fidelity, incoming regulations such as the US infrastructure bill that was passed in November will help cryptocurrencies validate themselves as a legitimate asset class.

Fidelity says that even though the legislation is vague, there are lawmakers who are aware of this and are scrambling to amend the bill in order to save it.

“The legislation isn’t slated to go into effect until 2024 and there are already multiple amendments being proposed, so time will tell what becomes of the legislation itself.

But what we think is most notable is that digital asset regulation becoming law is another milestone as the asset class comes of age and establishes itself.”

Bitcoin is exchanging hands at $43,546 at time of writing, a 6.5% increase from its seven-day low of $40,897.

tcheke Aksyon Pri

Don't Miss a Beat - Ban-m pran abònman yo ka resevwa kouryèll alèt imèl lage dirèkteman nan bwat resepsyon ou

Swiv nou sou Twitter, Facebook ak Telegram

Navige Chak jou Hodl Mix la


  Tcheke Tit dènye nouvèl la

  Limit responsabilite nou: Opinyon ki eksprime nan chak jou Hodl la se pa konsèy envestisman. Envestisè yo ta dwe fè dilijans yo anvan yo fè nenpòt ki envestisman ki gen gwo risk nan Bitcoin, cryptocurrency oswa byen dijital. Tanpri dwe avize ke transfè ou ak echanj yo se sou pwòp risk ou, ak nenpòt ki pèdi ou ka antrene yo responsablite ou. Hodl chak jou pa rekòmande pou achte oswa vann nenpòt kriptoksèr oswa byen dijital, ni se chak jou Hodl yon konseye envestisman. Tanpri sonje ke Hodl chak jou patisipe nan maketing afilye.

Anons Spesyal Imaj: Shutterstock / Tuso chakma

Post a Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers: Report parèt premye sou Chak jou Hodl la.

Sous orijinal: Chak jou Hodl la