THELOGICALINDIAN - Bitcoin has had a asperous 2024 However it is still easily bottomward the best cryptocurrency advance an assessment aggregate by one arresting Wall Street trader
While the all-inclusive majority of the cryptocurrency bazaar charcoal abstract at best, Bitcoin charcoal one of the alone cryptocurrencies which bodies are absolutely using.
Susquehanna International Group’s arch of agenda assets, Bart Smith, told CNBC “Fast Money” on Tuesday:
Indeed, no cryptocurrency or basal blockchain is as battle-tested and historically accurate as Bitcoin — but that doesn’t do abundant to assure the bazaar baton from its belled volatility. Many who got complex with Bitcoin for the aboriginal time in December accept been larboard addled from abundant losses. Explained Smith:
In fact, Smith believes that all of the cryptocurrency market’s promises and abstruse advancements are still far off — smart contracts and Lightning Network included. He claimed:
As of appropriate now, cryptocurrency’s analgesic use case is that of cross-border amount alteration — area Bitcoin has a accurate clue almanac of success.
And isn’t that what it’s absolutely all about?
What do you anticipate about Bitcoin as the best advance in the cryptocurrency market? How continued until added blockchain developments supplant amount alteration as the best use case? Let us apperceive your thoughts in the comments below!
Images address of Shutterstock, CoinMarketCap.com.
