Why the crypto market crash may play in Bitcoin’s favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius and the following market sell-off will lead to regulatory action that will likely favor Bitcoin (BTC) over the rest of cryptocurrency.
“I’m going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there’s more fair accounting that can be done to allow institutions to invest,” she said in her latest interview with Cointelegraph. “And the other cryptocurrencies, I think will be deemed securities,” she continued.
Brunell defines herself as a Bitcoin maximalist and therefore sees Bitcoin as a fundamentally different asset class from the rest of crypto, mainly because of its trustlessness nature.
“I see it [Bitcoin] as digital property, as a savings technology, and that’s why I focus my energy on that,” she pointed out, adding that other cryptocurrencies are much more vulnerable to third-party risks.
“I have to worry about: who’s creating them [altcoins], who’s expanding the supply, who might be hired or fired, what experiment are they trying?”
After a brilliant career in journalism, Natalie went full-time in crypto after discovering Bitcoin. She then launched the Coin Stories podcast, where she interviews the leading voices of the crypto industry.
Don’t miss the full interview on our YouTube channel and don’t forget to subscribe!
This post has been syndicated from a third-party source. View the original article here.