È così che Bitcoin sta arrivando in soccorso delle aziende che corrono contro il tempo

L’adozione da parte di MicroStrategy di Bitcoin come risorsa di riserva primaria ha preso d’assalto il mercato, con molti sostenendo che lo sviluppo è stato uno dei catalizzatori dietro BTC che è salito a $ 19k in classifica. Michael Saylor dell’azienda ha recentemente parlato di Bitcoin e della decisione della sua azienda di investire in Bitcoin Pro, che ora è aumentato di oltre il 182%. Va notato qui che mentre l’investimento di MicroStrategy non è stato il primo, ha dato vita a un effetto a catena che ha spinto altre aziende a fare lo stesso.

Parliamo del motivo per cui ha funzionato e perché ora, vero?

Prima di rispondere a „Perché ha funzionato“, diamo un’occhiata a „Perché ora“.

Perché ora?

Le banche centrali di tutto il mondo hanno stampato trilioni di valute legali per alleviare i problemi causati dalla pandemia. Mentre queste banche stavano cercando di prevenire un enorme disastro e una recessione che avrebbe richiesto anni per tornare alla media, tornerà a perseguitare tutti, anche le banche che lo hanno stampato.

In effetti, al momento della scrittura, le obbligazioni rendevano meno dell’1% in termini di rendimenti medi mentre il mercato azionario era in aumento. Ergo, non sembrava esserci alcuna copertura in caso di crollo del mercato azionario.

Questo è il motivo per cui si potrebbe sostenere che il portafoglio 60-40 abbia già incontrato la sua fine.

Come conseguenza dello stesso, c’è un disperato bisogno di preservare la ricchezza e quindi, ci sono due opzioni rimaste: oro o Bitcoin.

Chiaramente, Bitcoin è l’opzione migliore.

Perché ha funzionato?

Bene, ora è il momento migliore per le aziende come la SM per preservare la propria ricchezza. E quale modo migliore per farlo se non investire in qualcosa che non perde valore nel tempo?

Come spiegato da Saylor, se le riserve di liquidità di MS dovessero essere mantenute in contanti, ribasserebbero oltre il 10-15% all’anno, al punto che i rendimenti futuri sarebbero annullati.

„Siamo una società di software che genera denaro, ma se semplicemente trasferiamo il denaro in valuta fiat…. allora si degraderebbe del 15% all’anno. Perderemmo tanto quanto abbiamo generato sul PNL „.

CBDCs protect privacy and break data monopolies

Central banks and corporations are racing for digital payment infrastructures. A blog post by the US Federal Reserve argues why a state digital currency (CBDC) would be a better solution.

Has the cash had its day? Surveyprove that in the wake of the corona pandemic, Germans are also increasingly paying digitally. This global trend can be explained by increased hygiene and comfort. Data protectionists are still alarmed, because cashless payments create an unimagined amount of data for corporations such as PayPal , Visa, Google and Facebook . Could privacy be better protected with central bank digital currency (CBDC)?

At least that’s what Rodney Garrett and Michael Lee claim in a blog postfrom November 23rd. The economist from the University of California at Santa Barbara and the researcher from the New York arm of the US Federal Reserve discuss a jointly published paper. The two describe CBDCs as “inexpensive, privacy-protecting electronic means of payment.” On the other hand, they reject Bitcoin and Co. because of high transaction costs.

Private payment platforms and the data monopoly

Garett and Lee first ask about the effects of digital payment infrastructure in private hands . As is usual in economic research, the considerations of the two authors are based on a number of model assumptions. They assume that companies use data to gain a competitive advantage and that consumers choose between different payment models based on the price. As digital payments promise user data, companies would create incentives for their use. As a consequence, according to the model, a data monopoly is forming on the market:

A company that gains small information advantage early on will aggressively price to increase its share of consumer data and monopolize the market in the long run. In such a market, we find that the monopoly controls the vast majority of the data and is able to offer a product that is far superior to its competitors‘ products.

What is beneficial for this company turns out to be a disadvantage for end users. Because only a fraction of the added value that has been generated by their data actually reaches them. With a CBDC, however, the calculation is different.

CBDC: When digital infrastructure meets cash

Digital central bank money goes hand in hand with the same convenience for consumers as private payment platforms. Still, a Garrett and Lee model CBDC offers the same wealth of privacy as traditional paper.

This gives end users another benefit. Because if private providers want to access consumer data, they have to make payment processing cheaper via their own platforms than via a CBDC. It is irrelevant whether consumers actually make use of the digital cash. The mere presence of a CBDC creates incentives for remuneration for disclosing one’s own data.

The reasoning of the two researchers is based on the assumption that central banks are not after profit and therefore have no use for user data. CBDCs could therefore help to save the anonymity of cash into the digital age. This conclusion may be correct for liberal democracies. In the case of China and comparable autocracies, however, state digital currencies in particular open up frightening monitoring and control options.

Is actress Maisie Williams becoming a Bitcoiner?

„Join the Free People, you must go long on Bitcoin,“ Blockfolio told the Game of Thrones actress.

English actress Maisie Williams, best known for her role as Arya Stark in the HBO series Game of Thrones, could join the Bitcoin train.

Value DeFi protocol hacker bombarded with sad stories after returning $95,000 in Dai

In a November 16 message posted on Twitter, the actress asked her 2.7 million followers if she should go on „largo en Bitcoin. By the time this editorial office closes, the majority, 50.4%, advise her to invest in cryptoactive with 118,190 people answering her question. Williams has an estimated net worth of $6 million from his work in the world of television and film.

should i go long on bitcoin ?
– Maisie Williams (@Maisie_Williams) November 16, 2020

The high-profile celebrity’s mention of Bitcoin (BTC) caused a stir among cryptology enthusiasts on Twitter, while other figures rushed to participate in her question.

Volatility: What is it? What isn’t it? And why does it matter?

Peter McCormack, host of the What Bitcoin Did podcast, suggested to Williams that she avoid altcoins at all costs, saying „Bitcoin and nothing else“ to the actress. However, cryptic terms abounded that crossed with Game of Thrones references, as Blockfolio told Williams that he should „join the Free People“ by going long on Bitcoin. Barry Silbert joined the party, suggesting the actress take a look at the „other kind of Grayscale,“ referring to a disease in the series while looking to make a pun on the name of the crypto money fund investment company.

Bitcoin Bets on Decentralization and Immutability Rather than Payouts, Says Fidelity

Bitcoin’s adoption among entertainment and financial bigwigs has seen a huge increase this 2020 as many seek to cover themselves from inflation and digital alternatives to cash. Trader Dave Portnoy briefly joined the crypto community this year, but later labeled Bitcoin as „a great Ponzi scheme.

Grayscale now owns more than 500,000 Bitcoins

At the time of publication of this article, the price of Bitcoin is USD 16,770, registering a 5.7% increase in the last 24 hours.

Un gran movimiento minero: El poder de hachís de Bitcoin aumenta un 42% en dos días

Parece que muchos mineros chinos han completado su migración anual desde Sichuan, con la tasa de hachís de Bitcoin aumentando más del 40% en dos días.

La potencia de hash de la red de Bitcoin (BTC)

La potencia de hash de la red de Bitcoin (BTC) ha aumentado aproximadamente un 30% en las últimas 24 horas, lo que, si se mantiene, sugiere que pronto podría haber una gran dificultad de ajuste.

Según Coinwarz, la tasa de hash de Bitcoin se sitúa actualmente en 157,5 exahashes por segundo, o EH/s, después de superar brevemente los 160 EH/s. En el momento de escribir este artículo, la potencia de hachís de BTC ha aumentado un 42% en dos días.

El pico se produce después de una fuerte disminución de la potencia de hachís a finales de octubre, que muchos analistas atribuyeron al final de la temporada de lluvias en el centro minero chino de Sichuan.

Se estima que la abundante y barata energía hidroeléctrica de la provincia atrae a alrededor del 80% de los mineros chinos durante la estación húmeda. En diciembre, CoinShares estimó que Sichuan representaba el 54% de la actividad minera mundial.

El analista de Quantum Economics, Jason Deane

El analista de Quantum Economics, Jason Deane, especuló que el repentino aumento de la energía de hachís de Bitcoin podría ser una señal de que muchos mineros chinos han completado su migración desde Sichuan y han restablecido las operaciones en otros centros mineros locales como Xinjian y Mongolia Interior.

Un gran salto en la tasa de hachís de #bitcoin en las últimas 10 horas (+29,7% de depresión a pico) Un gran número de máquinas acaba de entrar en línea en algún lugar, trasladando a los mineros de la región de Sichuan posiblemente?

El repentino aumento de la actividad minera sugiere que es probable que la red produzca otro ajuste de dificultad importante.

Un importante ajuste al alza se produciría ante la desazón de los mineros no chinos que han estado disfrutando de mayores beneficios después de que la aparente migración de octubre desde Sichuan diera lugar a un ajuste de dificultad negativo del 16% – el segundo mayor ajuste a la baja en la historia de Bitcoin.

A principios de esta semana, el mayor generador de energía hidroeléctrica del mundo para el sector privado, la empresa rusa En+ Group, anunció que lanzaría una empresa de minería de criptografía en asociación con la empresa local BitRiver.

JP Morgan: Bitcoin może wzrosnąć 10x, ponieważ konkuruje ze złotem dla inwestorów instytucjonalnych

Inwestorzy instytucjonalni zwracają się ostatnio bardziej do Bitcoin niż do złota. Według analityków JPM, może to spowodować 10x wzrost BTC.

Raport JPMorgan sugeruje, że niektórzy inwestorzy, jak np. biura rodzinne, w ostatnich miesiącach przeznaczali więcej środków na Bitcoin Superstar, a nie na złoto. Analitycy z gigantycznego międzynarodowego banku inwestycyjnego zauważyli również, że porównanie tych dwóch aktywów może spowodować ogromny wzrost cen BTC.

Imponujące zmiany w Bitcoin’ie od późnych lat

Należą do nich duże firmy kupujące znaczne ilości BTC, PayPal umożliwiający swoim klientom kupno i sprzedaż kilku cyfrowych aktywów oraz ogromny wzrost Grayscale’s Bitcoin Trust.

Jak donosi CryptoPotato, wiodący menedżer aktywów cyfrowych, Grayscale Investments, rejestruje kolejne najlepsze kwartały. Według JPMorgan, „wzrost Grayscale Bitcoin Trust sugeruje, że popyt na Bitcoin jest napędzany nie tylko przez młodsze kohorty inwestorów detalicznych, tj. tysiąclecia, ale także przez inwestorów instytucjonalnych, takich jak biura rodzinne i zarządzających aktywami“.

„Ci inwestorzy instytucjonalni wydają się być największymi inwestorami w Grayscale Bitcoin Trust, być może odzwierciedla to ich preferencje dotyczące inwestowania w Bitcoin w formie funduszu“.

Inwestorzy instytucjonalni zwracają się do BTC zamiast do złota?

W artykule podkreślono, że „to, co sprawia, że październikowa trajektoria przepływu dla Grayscale Bitcoin Trust jest jeszcze bardziej imponująca, to jej kontrast z równoważną trajektorią przepływu dla złotych ETF-ów, które generalnie odnotowały umiarkowane odpływy od połowy października“.

GBTC Vs. Złote ETF-y napływają od stycznia 2019 roku. Źródło: JPMorgan
Analitycy uważają, że ten kontrast przemawia za tym, że niektórzy inwestorzy, którzy wcześniej ulokowali środki w złotych ETF-ach, jak np. biura rodzinne, założyli Bitcoin jako alternatywę dla metalu szlachetnego.

Może to spowodować znaczny wzrost cen podstawowej waluty kryptograficznej. Jeśli aktywo nadal będzie konkurować ze złotem jako „alternatywną walutą“, jego kapitalizacja rynkowa „musiałaby wzrosnąć dziesięć razy, aby dorównać łącznym inwestycjom sektora prywatnego w złoto za pośrednictwem ETF lub sztabek i monet“.

Co ciekawe, popularny gospodarz telewizyjny Max Keiser przewidział ostatnio podobny scenariusz, w którym BTC podąży za złotem i ostatecznie je przewyższy. Jego prognoza cenowa była jednak znacznie bardziej optymistyczna, gdyż widział on wzrost cen Bitcoina na poziomie 40x-80x.