
Pai 𝕏|May 20, 2025 15:26
Is Bitcoin's dual asset property both a "safe haven asset" and a "risky asset"?
In the previous two tweets, we talked about Bitcoin and also talked about gold. It just made me rethink the asset attributes of Bitcoin and have a brief chat before going to bed.
In fact, the asset properties of Bitcoin are not inherent to the asset itself, but are determined by the external environment.
In bull markets or macroeconomic inflation expectations, it is sometimes considered a safe haven asset because its various price performances closely follow the trend of safe haven asset prices. In risk aversion or tightening cycles, it is more like a risk asset because its various price performances closely follow the trend of risk asset prices.
The dual asset nature of Bitcoin is entirely derived from the dynamics of supply and demand, including macroeconomic background, and the essence of a single asset cannot be clearly defined.
This dual asset attribute also creates more uncertainty in the performance of Bitcoin's asset attributes, but this is precisely where the opportunity to invest in Bitcoin lies. Uncertainty represents more possibilities, which in turn represents more opportunities.
Will the asset attributes of Bitcoin shift from duality to singularity? I believe it will! But not now! In the future, I will continue to discuss this topic with everyone.
520 Happy! I'm going to submit my homework now 👀 GN~
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