Senior macro strategist at Bloomberg Intelligence believes that the Bitcoin network has never been more secure than it is now. McGlone predicts that the cryptocurrency will eventually trade more like gold or a Treasury bond in the long run. Senior macro strategist at Bloomberg Intelligence Mike McGlone believes that the Bitcoin network has never been […]
Senior macro strategist at Bloomberg Intelligence believes that the Bitcoin network has never been more secure than it is now.
Senior macro strategist at Bloomberg Intelligence Mike McGlone believes that the Bitcoin network has never been more secure than it is now. McGlonehis views on the cryptocurrency industry on LinkedIn, focusing on hot topics like Bitcoin, liquidity, regulatory frameworks, and stablecoins. The higher the index, the more difficult it is for anyone to control the network or manipulate transactions. And Bitcoin’s hashrate not only doubled during the 2022 bear market, but it is still increasing. This is despite direct attacks on miners by US regulators, according to the strategist.
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