Daily Ideas·Analysis·BTC-USD·2020年3月30日

Bitcoin Investment Thesis

Mark Helfman
Substack

The author's investment thesis for bitcoin is based on two main points: it's a hedge against the collapse of the financial system, and its price tends to go up over time. The author emphasizes that bitcoin's technology is based on math, not people, making it resilient to failures in traditional financial systems. The price trend is supported by the 200-week moving average, which has historically served as a floor for bitcoin's price. The author also mentions the ability to use bitcoin for transactions as a bonus perk.

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