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In NovemberCoinDesk was acquired by Bullish group, owner step with the crypto's comparisons to digital gold.
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Deflationary EconomicsSpecifically, both have a deflationary bias; built into to the way they function is a tendency for prices to ultimately fall. Bitcoin is so volatile that. Cathie Wood, founder of investment manager ARK Invest, said bitcoin (BTC) can serve as a hedge against deflation in addition to its potential in. It's deflationary because anything priced in BTC costs less and less BTC as the value of BTC goes up. So people have no incentive to spend BTC.
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