CoinShares Meltem Demirors on How Bitcoin Can Become a Risk-Off Asset - BitcoinEthereumNews.com
Bitcoinबिटकॉइन एक जोखिम-रहित संपत्ति कैसे बन सकता है, इस पर कॉइनशेयर का मेल्टेम डिमिरर्स03 / 06 / 2022बिटकॉइन एथेरियम समाचार In the past couple of weeks, geopolitical tension in Europe escalated so much that it transitioned to an invasion of a sovereign country and a flat-out war thats currently taking place on its territory. We saw most of the Western countries sanction Russia for its invasion of Ukraine by means they had in their possession, including expulsion from SWIFT, pulling out businesses from the country, cutting all sorts of economic ties, and so forth. Cryptocurrency exchanges were also asked to halt servicing Russian customers. Amid this tumultuous economic and geopolitical climate, Bitcoin and cryptocurrencies, in general, were touted as an alternative asset thats apolitical and uncorrelated to traditional finance. Chipping in on the matter was Meltem Demirors, the Chief Strategy Officer at CoinShares. Risk-On v. Risk-Off Assets and the Current Environment Before we dive into what Ms. Demirors had to say, its worth explaining what risk-on and risk-off assets are. Risk-on and risk-off assets have much to do with the notion of risk sentiment or, in other words, whats the current risk tolerance of investors in the existing economic paradigm. During risk-on situations, investors tend to